Legal Question in Credit and Debt Law in Texas
I bought a car and was financed under one company, another company took over the load w/o anything in writing from me. Is that legal on car loans?
Asked on 4/29/10, 2:16 pm
1 Answer from Attorneys
Mark Dunn
Mark D. Dunn
Yes. They "sold the loan." This is very, very common. They don't need your permission to sell the loan.
Answered on 5/05/10, 12:00 pm