Hello,
I have bad credit card debts that are charged off with a credit union. I also have an auto loan with this CU which is current. The loan is upside down by $2k. This is an improvement from a year ago, as it was upside down $10k. The only reason for this is because the value of my car increased.
I'd like to take advantage of this and either get a new car or refinance.
This being said, if I get a new car, would the CU release the title if the place I am buying the car through pays it off?
Thanks!
