Showing posts with label voluntary surrender. Show all posts
Showing posts with label voluntary surrender. Show all posts

Wednesday, June 13, 2018

Voluntary Surrender or Repossession: Which is Better for Your Credit Score?


Voluntary Surrender or Repossession: Which is Better for Your Credit Score?
If you fall behind on your auto loan payments because of a lost job, unexpected medical expenses, or simply not enough income, you may consider voluntary surrender of your vehicle. But what that means, and how it affects your credit score compared to repossession can be something of a mystery. Here are some things to consider.