J
jason .
Guest
I owe 10k on a truck. its worth about 13k. i want to trade a guy for a car thats worth about 7k and get about 5k in cash from him. i know the bank still owns the truck and there is a lien against it. if i have the 5k cash plus a 5k loan from a credit union and pay the truck off to the bank do i get the title in my name then where i own the truck and there is no lien on it. or do credit unions operate like banks and i would have to pay the loan off to the credit union also. thanks a lot.