straw purchase car reddit

Or these organizations wouldnt need straw buyers. Buying a car for a child is notnecessarily an illegal straw purchase.

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Straw purchasing is the practice of falsifying loan documents to get a low credit buyer into a new car.

. It is though a straw purchase because the adult is buying the auto on behalf of the child. Straw buying is a pretty fast way to get a one way ticket to financially fuckedville. - September 19 2018.

For the cars that exporters want you will sign a non export. In general straw purchases are legal except in cases where the ultimate receiver of goods or. Someone with good credit or a straw purchaser fills out loan documents.

But the act can take the form of a. For instance if a father were to buy his son a firearm and didnt plan on being the. A car straw purchase is when someone who qualifies for an auto loan finances a vehicle for someone else who wouldnt qualify.

Either position is risky since the straw purchaser is the actual owner of the car so they can take it back whenever they want and if you straw purchase the car and the driver.

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