FAQs - My credit score

I have Negative Equity. Can I Use the Loan to Clear my Debt?

Moneybarn,
Wednesday, 05 August 2020

No, we will not clear negative equity on your current car. We will only loan the value of your new vehicle and will pay the dealership directly.  We will not pay finance off on another vehicle, not even vehicles that you currently have on finance with Moneybarn.