if i have two vehicle loans at a credit union and i pay one off can the credit union hold title of one of vehicle until the other is paid off
Asked on 4/03/10, 7:20 pm
1 Answer from Attorneys
Mark Dunn
Mark D. Dunn
Maybe; it will depend on the terms of the contract. The vehicles may be "cross-collateralized." You'll want to read the note(s) and the security agreement(s); it defines what the credit union can get away with.
Answered on 4/09/10, 8:37 am
