Do car loans hav a death clause for co signor?

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Antwan Harvey asked a question: Do car loans hav a death clause for co signor?
Asked By: Antwan Harvey
Date created: Thu, Apr 8, 2021 6:12 PM
Date updated: Wed, Aug 24, 2022 8:48 PM

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Top best answers to the question «Do car loans hav a death clause for co signor»

When a person dies, they are considered to have defaulted on the loan if they don't continue making the payments. Sometimes, a co-signer on the loan or the surviving spouse will continue to make the payments and keep the car… Then, the surviving spouse would simply take over the payments the same way a co-signer would.

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