Debt Consolidation Forums Credit Repair, Credit Score and Credit Report forums

Will my credit score drop if I take out a title loan and surrender my car?

member profile picture
Posts: 1
Credits: 22.35
[Donate]

Will my credit score drop if I take out a title loan and surrender my car?




Yeah your credit score will get affected if you surrender

Sub: #1 posted on Tue, 06/14/2016 - 23:18

lewishenry

(Posts: 10 | Credits: 0.94)

Are you taking out a loan against your fully owned car or voluntarily giving up your car to your creditor?

Sub: #2 posted on Thu, 06/16/2016 - 06:04

Mr.D.E.B.T. Mr.D.E.B.T.

(Posts: 4 | Credits: 0.39)

Whether it may repossessed by a creditor or a voluntary repossession, both are very negative.
But a voluntary repossession may damage your credit scores slightly less than a repossession.

Sub: #3 posted on Wed, 07/06/2016 - 03:24

tiarajoseph11 tiarajoseph11

(Posts: 116 | Credits: 23.97)

Attachment
More information
  • Files must be less than 1.25 GB.
  • Allowed file types: txt pdf jpg jpeg png.
Post as a guest
CAPTCHA
This question (Case Insensitive) is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Post as a member

Share post

Page loaded in 1.014 seconds.