Once the registration has been done to your name, you will become
the legal owner of the car, hence making you responsible for the car finance dues.
What would happen if I fail to payback Hire Purchase settlement?
The insurance company or the lender may retrieve the car if the owner of the car has not completely paid off the loan
What does Personal Loan mean in Outstanding Finance?
Personal Loan is an amount offered by a Bank or by a society to manage the financial needs to share the cost of a car.
What do you mean by Lease Hire?
The car owner will be working in the lender company until the full finance amount is compensated by his work.
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Once the registration has been done to your name, you will become the legal owner of the car, hence making you responsible for the car fin...
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