The lender is not being unreasonable. There is just no process.
Two people can agree a handover in an afternoon. What they cannot do between themselves is move the obligation, because it is owed to a company that is not in the room.
Eighteen months, and what each party believes
Original borrower pays, holds and owns the vehicle
A friend pays, holds and rides it. Nobody told anyone.
The lender is not being deceived on purpose. There is simply no route through which the truth could have reached them.
The lender underwrote a person
They assessed one borrower and priced the loan for them. Requiring consent before that borrower is swapped is ordinary credit practice, not obstruction.
Consent has no usable route
In practice there is rarely a workable way to ask. So the market routes around the lender entirely, which serves nobody including the lender.
The mismatch is invisible until it fails
Everything looks fine while payments arrive. The gap between who owes and who holds only surfaces when something goes wrong.
The document never moves
Ownership paperwork stays with the original name for years, which makes the vehicle nearly impossible to sell again cleanly.
Have you taken over somebody else’s instalments, or been left holding them?
rinto.harahap@tigatandatangan.space- Extend credit
- Collect instalments
- Hold ownership documents
- Assess creditworthiness
- Grant consent on anyone’s behalf