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

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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

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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: )

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: 379 | Credits: )

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