View Full Version : Negative equity


Pebbles
01-14-2008, 02:23 PM
Does it affect ones credit score?

I'm curious :confused :thinkin

LoveMyHalos
01-15-2008, 10:29 AM
It really shouldn't. I have had two cars with negative equity in the past, and it's never made a difference in my scores.

sdshorty
01-15-2008, 10:33 AM
It affects it, but only because when you trade in a car with negative equity, your new loan will be higher, so you will just have more debt. But as far as the negative equity itself, it should never show up

Pebbles
01-15-2008, 11:01 AM
Thanks guys