Get automobile Financing Even with dismal credit.
It on record, you must wait for the title to actually own it when you pay off your car loan, but the bank has the title to. As soon as that loan is paid down, the bank or loan owner will move the documents.
Title Held by Bank
Whenever you come into an auto loan, the lien owner will keep the name of this vehicle. This implies you are paying for it that they technically own the vehicle for the duration of the time. This measure is just a protect if you no further make your payments that are monthly. Then they have the proper to work out the repossession clause into the agreement that is lien simply take control for the car.