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If you bought a new car and have only had if for 2 weeks with no payments made can you return it to the dealer will it affect your credit score?
Wiki User
∙ 15y ago
You signed a contract and drove it. It is not new anymore.
Returning it would be a voluntary repossession and you would probably owe several thousand dollars. Yes, it would hurt your credit.
Wiki User
∙ 15y ago
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Is the American stock exchange a dealer market?
The American Stock Exchange is a legal dealer market. Goods and pieces of companies are traded, bought, and sold everyday.
Can you get a loan with a satisfied judgment on your credit report?
Depends on the bank, what the loan is for, and on your overall credit score. Wait a few weeks, check your credit rating, and then - carefully, have your mortgage broker or car dealer check your credit for you new purchase. But their search will make a "hit" on your score, so be sure you use a broker that is aware of your full credit history and may not really need to check it; or that the car dealer you are working with is the one you are going to stay with.
If Car loan in husband name will it effect wife credit?
As far as credit reporting goes (your individual FICO score): NO - if the loan is funded on his name only. If you are listed as a co-borrower, co-signer or as secondary on the lease, then YES. If he went to the dealer, and used his own name, credit and income data to obtain the loan, it will appear on his credit only. Caveat: Since you are married - if he were to stop making payments, or had the vehicle repossessed - the creditors could go after you as a debtor, simply because you are married and therefore equally liable for any debt incurred during that union.
Is a credit card money?
No, it is more like a loan from the card's dealer. You then create debt on your credit card if you buy things with it. Then you have to pay back the debt to the card manufacturer.
Can you get a loan at citifinancial auto to buy a car?
Citifianancial Auto went out of business in September, 2010. They were purchased by Santander, an international finance company. I would speak to the car dealer. Most car lots have access to at least one or two companies that will finance a car, if your credit is a little weak. Of course, you may pay more interest, and more overall, but you can still get a loan. Ultimately, making your payments on time and paying cards off quickly gets you a better credit rating, and it makes it easier to get more credit!
You bought a car for your fiance and now the wedding is off you need to get rid of the car Can you return the car to the dealer And how will this affect your credit?
In general, you cannot return a car to a dealer. You can sell it back to them, though. Selling it won't affect your credit.
If your car is repossessed by a 'buy here pay here' dealer does it affect your credit?
Only if the dealer reports it to the credit bureaus.
When you go to a car-dealer ship do they run your credit as soon as you walk in?
no, they will only check your credit when you purchase a car, they want to make sure that you are able to meet their payments.
What are the disadvantages of auto financing with bad credit?
Having bad credit tells the bank and car dealer that you are a high risk. If you have late or missed payments you'll be charged higher fees and interest charges.
i have 2 cars bought at different time not on same contract they are both late on payments but they are refusing to take payments on one car if i dont make payment on both can they do that?
It depends on your contract and if it you bought both cars from the same dealer, for further information you could consult an attorney to get a perspective from a legal standpoint.
Can a car dealer sue you for taking a car out of state?
I bought a car in Texas, then moved out of state, I still made payments, but not I'm behind. I intent to start paymants up again, but now the dealer is saying that he is going to sue me, Can he?
If you have two years left on a leased vehicle but you can no longer afford the payments can you return the car to the dealer?
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Where can I get a decent car with bad credit?
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What do I do if I can't afford the payments on my motorcycle anymore?
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How does a reposession of a car affect your credit?
It of course effects your credit score. To learn more about your credit score visit either Experian, TransUnion or Equifax. If you can not pay for the car, the next best thing would be to return it to the dealer. Contact the lender and inform the company what you intend to do. If possible, return it back to the dealer you purchased the car from.
A dealer is running an ad for 299.00 to lease an Explorer If you are upside down on your current loan and trade the car in how would this affect the advertised lease payment?
The advertised lease price is usually only for well qualified buyers. Check the fine print out. Well qualified usually means those with great-excellent credit ratings. The best person to answer this question would be the dealer that is advertising the car. They can give you more information about how much you would get for your trade in and how it would affect your payments.
Will loan payments on a car start as soon as you get the loan?
It Typically begins 45 days fo the day you purchase your new or pre-owned vehicle. In some instances, depending on your dealer, & your credit stability Payments may be put off up to 90 days.
