u are the bravest person i ever know..loan on ur name on hrv?wow..last time my best friend want to use my name loan on axia..i said yes and if he fucked up im gonna take the car..bcus it just around rm400 and i can afford it..if hrv im wont agree bcoz its 1k per month which im also fucked up to pay

Woman. Whats wrong with you ..

DOnt pay him back anything, just take the car back and pay for it and clear your name.

Its his problem that he fucked up. This is his problem, not yours .

Dont pay him back for the installment. this is rental.

Dont pay him back the 15k .. this is for all the trouble he put you through. Let him learn a lesson.

Woman. Whats wrong with you ..

DOnt pay him back anything, just take the car back and pay for it and clear your name.

Its his problem that he fucked up. This is his problem, not yours .

Dont pay him back for the installment. this is rental.

Dont pay him back the 15k .. this is for all the trouble he put you through. Let him learn a lesson.

hmmm it would be damn good to have a friend or relative like you ... you need to weigh your decisions as most people will somehow end up coming for people like you as you could be deemed too nice

well some or most ould or might say - give them the beenfit of doubt ... trust them with the good side

but this is when people take advantage of your kindness ... for people like you - make sure you draw the line clearly as to how much you want to or can afford to help - dont get yourself in trouble yeah

as for the TS - yeah you can weigh all the comments here and pick ur own decision to take

but make it very clear as this happens once, it will happen again, say u pay for the dues now ... what happens if next time no calls from bank, car been towed - auctioned off ... and above 70 - you can be made bankrupt ...

have fun and kung hei fatt choy

True, why need to pay him. Just take the car, its yours legally.

But, if he is honest and you really wanted to help him - you pay the missed installments. But don't let him use the car until he managed to pay back the missed installment and future ones.

since you are helping by taking a loan for him, the car ownership is under you or your relative?

you may opt to surrender the car back to the bank...

To many comments without basis

If you report the car stolen, you won't get the amount insured. Will only get the current market value.

Summore need to wait few months for claim. Car loan installment still need to pay until u get the claim.

This post has been edited by saiga: Jan 24 2017, 10:41 PM

Report car stolen is strictly no-no.

False police report + cheating insurance will land you into more trouble.

Just sell the car. If got extra, give him back. If need to topup, ask him / his family to settle. If they can't, you settle it and take the loss as lesson learned.

Worst case scenario now is you lose some money.

You should not have any financial obligation and just a matter lending your name which is a dumb mistake and lesson learn.

Sold off the car to clear whatever loan to the bank, anything owing. You should claim from him.

If you come out a single cent, you are really dumb as fck and deserve your fate....

If got extra, take it yourself, since it's your car. If not enough, do you think can claim from him? Since even the installment also cannot pay......means he is in deep financial shit hole....

Tumpang TS tered.

If we become guarantor, it will be permanent until the loan finished or can give full responsibility back to the car owner?

In other words, dont want become guarantor until loan finish.

This post has been edited by hustlerism: Feb 2 2017, 03:11 PM

Until loan finished or refinance. That's why don't simply become guarantor.

a guy got blacklisted & fired by a company, this shows what type of person he/she is.
TS can consider sell off your current car and take up the HRV for ur own.
another 8 years to go lol

OR

TS can settle the monthly payment first, and try to look for a buyer who is willing to take up ur HRV, do some survey online, checking the vehicle price etc etc.