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Hello guys, I'm looking for your sensible advice. My friend wants to take a car loan under my name from But I have some serious doubts regarding this. Is car loans a good deal, or is it a dealership trick? Is it possible to get it registered on my friend's name, despite the loan being on my name? Please share your views.
If you have the sense you will never let anyone take out a loan in your name.
Don;t you know that the second they take out the load YOU are responsible to pay it back.
And if they do take out a loan in your name without your permission call the police.
I would suggest you to keep yourself away from loans. These are easy to take and hard to return back.
I have taken money to build my websiteand I am struggling to return it back.
Best of Luck...
Ok thanks for the adviceQuote:
Originally Posted by Roberts_Clif