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Frequently Asked Questions
Answers to some of the most common questions about Best Egg products.
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Best Egg Vehicle Equity Loans
Best Egg Vehicle Equity Loans
Vehicle Loan Interest Tax Deduction – OBBB Act
Will Best Egg automatically report this to the IRS?
Does Best Egg provide tax advice?
What if my interest information isn’t available yet or I cannot find it?
Where can I find my vehicle loan interest information?
Is this deduction available for older vehicle loans?
Which loans qualify for this deduction?
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SMS Text & Dashboard Messages
How do I opt out of getting text messages?
Servicing your Vehicle Equity Loan
What happens if my car is totaled or stolen?
What if I plan to move (in or out of state)?
What happens when I pay off my loan?
Will I get a new title for my car?
What if I want to sell or trade in my car?
Once the loan is paid in full, how long will it take to receive my title?
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Repossession FAQs
Will my cosigner be held responsible for the loan if the vehicle is repossessed?
What happens if Best Egg sells my vehicle for less than the outstanding loan balance?
Can I reclaim personal belongings left in the repossessed vehicle?
Will repossession affect my ability to lease or finance another vehicle in the future?
Can I negotiate a settlement to avoid repossession altogether?
What should I do if I can't afford my loan payments?
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The Servicemembers Civil Relief Act (SCRA) – Auto
What benefits will someone receive on their Best Egg Vehicle Equity loan?
How do I request SCRA benefits for my Best Egg Vehicle Equity loan?
Who is eligible for SCRA benefits with Best Egg? – Auto
What is the Servicemembers Civil Relief Act (SCRA)? – Auto
Vehicle Equity Loan FAQs
Does this loan have a prepayment penalty?
I haven't received my new title after paying off my loan, and it's been more than 30 days. What should I do?
I just paid off my vehicle equity loan. When will I receive my title?