If i have a car with an car loan whats the best way to get out of it without hurting my credit score

i currently have a car which was financed through an car loan through my local credit union. whats the best way to get out of that loan without it negatively affecting my credit?

If i have a car with an car loan whats the best way to get out of it without hurting my credit score?

you can sell the car and pay off the loan. The bank holds the title to the car so who ever buys the car will have to pay the bank. If they are local, you can call the credit union and make an appointment to payoff the car. You need to find out what the exact payoff amount is. If you sell the car for more than the payoff, you get to keep the difference. if you sell for less than the loan amount, you will have to come up with the cash before the new owner will get the title.

Also, a good site is...

http://www.surveyland.org/jump.php?link=...

Take care.

If i have a car with an car loan whats the best way to get out of it without hurting my credit score?

The only way would be to pay off the loan. Sorry to say it, but you%26#039;re pretty much stuck with it until its paid off.

If i have a car with an car loan whats the best way to get out of it without hurting my credit score?

If the bank actually financed you and have a contract, you can%26#039;t get out without hurting your score, However, if they have not financed you just yet, but in process, change your phone number, and call them asking the status of your loan, when they try to call you back the loan will fail, you CANNOT change number/address when app is in process.. :P small loophole, other wise, you will get a Reposessed on your credit which drops anything you want later on by 50% lower

If i have a car with an car loan whats the best way to get out of it without hurting my credit score?

Repay the loan

If i have a car with an car loan whats the best way to get out of it without hurting my credit score?

Your contract should allow somebody to take over payments. Basically, offer it up for sale at the price of taking over payments. The contract gets re-written with the name of the new owner--NOT your name.

If the new owner fails to make payments, you don%26#039;t want to be held responsible.

If i have a car with an car loan whats the best way to get out of it without hurting my credit score?

Pay it off ASAP. That is the best way to get out of debt and boost your credit score. Or you meant you cannot afford the payment now, and need to get rid of it? Clarify your question and re post.