Why would a financial institution want a power of attorney for an auto loan instead of just a lein hold?
Thursday, February 26th, 2009
luvwknd . asked:
I am attempting to refinance a 2006 model auto with a different institution for a lower interest rate however, this institution wants a power of attorney over the vehicle. I’ve had hundreds of auto loans and have NEVER given a POA to the lending institution - so why now?
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I am attempting to refinance a 2006 model auto with a different institution for a lower interest rate however, this institution wants a power of attorney over the vehicle. I’ve had hundreds of auto loans and have NEVER given a POA to the lending institution - so why now?
Caffeinated Content for WordPress