We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
voluntary termination
ginger1961_2
Posts: 1 Newbie
in Loans
Looking to do a VT, 2 years into a 3 yr agreement. Jaguar finance have just informed me this could effect my credit rating, could any body please advise if this is the case. Also, any notes on if VT's have been easy and stress free.
Cheers friends
Cheers friends
0
Comments
-
It will be noted on your credit rating that you have Voluntary Terminated. When applying for future car finance, you may be rejected on the basis that you are more likely to hand the car back.
Voluntary terminations are usually simple, just notify Jaguar you want to do it and they will arrange to collect it. You may find theyll charge you for scratches etc and maybe excess milage depending on your contract.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards