I took over car notes from someone else and it%26#039;s being financed so the bank has a lien on it. I need to get the registration put in my name with my address. Anybody know what I need to do?
Change name on car registration?
The car loan has to be paid off before you can register the car in your name. The car loan was made to the original buyer based on their credit rating and ability to repay the loan. The car is the collateral on that loan. If you can obtain a loan on the car in your name and pay off the other loan only then can you transfer title and registration into your name.
Change name on car registration?
You need to get the person to go with you and have the note transferred to your name. If you don%26#039;t do that then technically it is still owned by the other person even though eventually pay it off. Until you have the bank change the note and title over to your name and receive a non negotiable title in your name all you%26#039;re doing is paying for someone else%26#039;s car. Once you have that paperwork then take it to your local DMV office to get the registration changed.
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