Does voluntary termination of car finance affect credit rating?
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Asked By: Robyn Abernathy
Date created: Tue, Mar 30, 2021 6:29 AM
Date updated: Fri, Oct 7, 2022 11:13 AM
Content
Top best answers to the question «Does voluntary termination of car finance affect credit rating»
Although voluntary termination provides a safety net for consumers, it generally loses the finance company money… What's more, voluntary termination will not affect your credit score or credit rating. However, some finance companies may decline any further finance applications from you.