What should I do if the cosigner of a car loan took away the keys?
The cosigner of my car loan took the keys and won't give them back. I've contacted the police and they won't do anything. What are my options?
Apr 27, 2021
Answer provided by
Answered at Apr 27, 2021
“So the first question is, why did the cosigner take the keys? Did you stop making payments and let the financial burden fall on their shoulders? If so, the police aren’t going to do anything.
If that’s the case but you still need access to the car, you can call a locksmith to get a duplicate, or you can contact the dealership and tell them you need a replacement.
If you’ve been making the payments on time and the cosigner took the key, this will turn into a legal dispute. Contact an attorney to see what steps you need to take. Chances are you might have to sue to get the keys returned.”
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Read advice from car experts at Jerry.ai
Browse by topics
What others are asking
Why do I have to pay mortgage insurance on top of homeowners insurance?
I feel like I'm already paying a small fortune to insure my home. Why do I also have to insure my mortgage?
Mar 12, 2021
Is it better to borrow from car loan companies or banks?
There are so many lending options for car loans that I don't know what to do. Should I get a loan from a car loan company or bank?
Mar 08, 2021
Can I put my new car on my parents' car insurance policy if I don't live with them?
I'm a grad student going to school out of state. Before I leave, I'm going to buy a car and garage it at my parents' house so I can build credit and have a car for when I return home. Can I put the car on my parents' car insurance policy?
May 04, 2021