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Home » Auto Loans » Is It Easier to Cancel a Car Loan that Required No Credit History?
  • Is It Easier to Cancel a Car Loan that Required No Credit History?

    • Posted on Autos.com Editor
    • in Auto Loans
    • on October 7, 2013

    Assuming you were able to obtain a car loan with no credit history, it takes the same amount of effort to cancel a car loan. If you were able to cancel the car loan, assuming the bank is willing to forgive the loan in the first place, it takes the same amount of effort to cancel a car loan for a person with no credit history as it does any other customer. Indeed, it may be harder because the person with no credit history has no support mechanism in place if there are any closing costs that may come into play. This means that the person with no credit history should have funding for incidental costs that may arise from the cancellation.

    For more info, see How to Cancel a Car Loan

    Related posts:

    • Does a Car Loan Cosigner Have to do anything When You Cancel Your Car Loan?
    • How to Cancel a Car Loan
    • Are Dealers Required to Show a Car’s Used Vehicle History?
    • How to Get an Auto Loan Modification with Bad Credit
    • Auto Loan Terms to Expect with No Credit
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