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Ouch, you're going to have a hard time getting someone to take that loan over - the rate sucks :-/

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Old 03-27-2009, 11:42 AM   #1 (permalink)
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Ouch, you're going to have a hard time getting someone to take that loan over - the rate sucks :-/
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Old 03-27-2009, 11:47 AM   #2 (permalink)
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Ouch, you're going to have a hard time getting someone to take that loan over - the rate sucks :-/
i wouldnt ask anyone to take this loan over, the new person would obviously go to a credit union of their choice and most likely get a 3.9 or 4.9% rate if their beacon was above 700 with good history etc.
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Old 03-27-2009, 11:49 AM   #3 (permalink)
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Ouch, you're going to have a hard time getting someone to take that loan over - the rate sucks :-/
Everything is negotiable depending on credit, and lenders would much rather see someone else take it over than to have a default; especially on a vehicle.
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Old 03-27-2009, 11:52 AM   #4 (permalink)
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Everything is negotiable depending on credit, and lenders would much rather see someone else take it over than to have a default; especially on a vehicle.
I dont disagree. I hope it works out for him - it wont be easy, though...
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