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Does the Car voluntary reposition shows in credit history?

I have Honda Accord 2007 financed by Honda and a 14K finance remaining on it. Does giving back(Voluntary Reposition) the car to Honda show up in my credit history or anyways pull down my good credit history? Thanks for your advice.

yes, it is the same as a involuntary repossesion

Does the Car voluntary reposition shows in credit history? was posted on Friday, March 12th, 2010 at 8:22 pm. This post is tagged and is filed under Credit History. You can follow the replies through the comments feed. Leave a comment, or trackback from your own site.

5 Comments on “Does the Car voluntary reposition shows in credit history?”

  1. Robert
    March, 13th 2010 at 2:11 am

    That’s a good Question I don’t know but my question to that would be is would honda take it back voluntarily? My guess it would hurt your credit score.
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  2. golferwhoworks
    March, 13th 2010 at 2:49 am

    oh yes it does and will hurt your credit. If there is a balance after the sale you will have to pay
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  3. rwa000
    March, 13th 2010 at 3:20 am

    yes, it is the same as a involuntary repossesion
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  4. hpenlife
    March, 13th 2010 at 3:46 am

    if the car is in repo status that will show on your credit too.. that you are delinquent on payments and yes giving the car back shows up as a reposition
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  5. saved_astronaut
    March, 13th 2010 at 4:25 am

    I think a Voluntary Repo will show as SURRENDER.
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