I’m currently under debt review but would like to know if it’s possible that I can surrender my car to the bank..how will that affect my profile?
Thank you for getting in touch.
Unfortunately, this is not a straightforward situation. Your options regarding surrendering your car during your Debt Review does depend on various factors (like how far along you are in the Debt Review process).
Your best option would be to speak to your Relationship Manager to figure out what your options are. If you are a DebtSafe client, please email your name, ID number and question to [email protected]
If you are at another Debt Review company then you will need to contact your Debt Counsellor.