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I have a car for 2 yrs now and is not fully paid but i want to return it will returning it affect my credit?
Wiki User
∙ 10y ago
You can't just "return" a car. You can surrender it to the lienholder. This is called a voluntary repossession, and yes, it will affect your credit ... it's still a repossession, even though it was voluntary.
What you could do without negatively affecting your credit is sell it or trade it in.
Wiki User
∙ 10y ago
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What happens if you are a cosigner on a house that is being foreclosed on?
The foreclosure will affect your credit record. You are fully responsible for paying the loan.
You are a retiree and dont file taxes do you qualify for first time home buyers tax credit?
Yes, the credit is fully refundable. You will have to file a tax return to claim it, however.
Does cosigning on a loan affect the cosigner's purchasing power?
Yes since it will show up on your credit record as your debt. You are fully responsible for any loan that you co-sign.
How does your faith affect you?
my faith does not affect me in any way.coz i fully believe in my faith.
Is there a different affect on your credit if there is a consent judgment or a settlement order entered?
Both a consent judgment and a settlement order involve agreements to resolve a debt, but they may impact your credit differently. A consent judgment typically shows up as a court-ordered action on your credit report and may have a more negative impact. A settlement order may also affect your credit, but the impact could be less severe depending on how it is reported by the creditor.
Can you return refurbished electronics that were purchased online?
Depends on the conditions of sale that were quoted at the time of sale. Most vendors will honor the principal that if you bought something as fully operable, you have a right to receive a fully operable device. If the vendor refuses to honor his commitments, let's hope you bought it with a credit card so that you can raise a complaint with the credit card if the product was not as described. If you just got buyer's remorse, you may be stuck with it.
Does selling a fully built garage on Farmville return building supplies?
no
Should you pay credit cards off fully or partially?
If you don't want to pay interest on the money you should pay them of fully.
What is audio credit org on your bank statement?
An 'Audio Credit' is a cash deposit into a bank account before it has been fully processed.
Does cosigning for a rental property affect your purchasing power?
It may not affect your own purchasing power at first. However, if for some reason the primary on the lease fails to pay or damages the rental property and leaves then you will be fully responsible for the rent and the cost of the damages. That will affect your own credit rating. That will affect your purchasing power. You should make certain that you can absorb those costs before you co-sign.
Does buying a car and paying it in cash fully increase credit score?
No, credit is about responsibility over time. Paying cash doesn't help.
How long does it take to improve your credit score if you follow all the generally recommended steps?
It can take about a year to fully take care of your credit.
