Quote:
Originally Posted by garcmol
Some low life's will take the things you described and attempt to get a loan with the vehicle as collateral. It's in your friend's name and essentially looks like your 'friend' took out another loan which will never be paid.
I hope your friend reported this and gives a heads up to the insurance company in case a second lien holder's name shows up.
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Advise your friend to check with the Credit Reporting Agencies also.