Can I use the loan to clear my negative equity?

Sam Wooller, Customer Experience Communications Manager, Wednesday, 05 August 2020
Updated: Monday, 18 September 2023
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.
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.
 
Sam Wooller, Customer Experience Communications Manager
Bringing you guides to help with your finance agreement and showcasing customer success stories.
Share