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Assignee

  • Listed: August 12, 2022 2:27 pm
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Description

Assignee

An assignee is a person or a company who buys your auto loan. For example, an auto dealer who extends credit to you may sell your loan to a bank, making the bank the assignee. You owe the money to whoever has purchased your loan. The assignee has a lien on the vehicle and can repossess if you don’t pay.

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Listing ID: 92462f6634e678db

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