A family member asked me to sign for a auto loan because their credit was bad. I am primary on the loan and the title is in my name (not sure if they are on it as well). They are listed as secondary on the loan and have the vehicle. I have had to pay the payment several times because they do not pay it. They have paid 30 days late a few times so far as well. I have good credit (damaged a little due to this) and want to keep it that way. My question is... can I take the car if they are not paying the payments? Also, if they do not have insurance on the car (or let it lapse) am I liable if they get into an accident?
Thanks
Thanks