People also ask
How to get your name off a car loan as co-signer?
A cosigner release is one of the quickest ways to get your name off a car loan as a co-signer. Here鈥檚 how it works: After the primary borrower makes a certain number of timely payments, the lender can remove you from the loan.
How do I remove my name from a joint auto loan?
Fear not, as there are two main ways to remove your name from a joint auto loan: refinancing or selling the vehicle. Refinancing. If the other co-borrower wants to keep the car and you want your name removed from the loan, they can try to qualify for refinancing.
What happens to your name when you pay off a car?
Once the loan is paid off, both names still remain on the vehicle title, though. If you want your name off the vehicle鈥檚 title once the loan is paid off, then you can simply sign the title over to the person keeping the car.
How do I change the name on my car loan?
You can make an appointment by phone or online directly through the DMV website. Changing over your title is not the same thing as taking a name off of your car loan. Even if the ownership of the vehicle is relinquished to one party, the loan document may still hold two names.