0
After a very recent repossession when you are applying to get another car should you tell them about the repossession if it hasn't shown up on your record yet?
Wiki User
∙ 8y ago
Depends on whom you are applying to. Tote-a-note lots uaually don't care as long as you have a down payment. Banks will find out asap, anyway. You see, the lender who repoed will show that you have been in default for 30-??? days and when they check, bingo. Oh, Joe Blow, yeah, we had to repo his car 2 days ago. good Luck
You'll need to answer the application honestly and, perhaps have a good explanation as to why the repossession occurred. For instance, if you are trying to buy a car with the same payment that you could not afford before, it doesn't make logical sense. You could say how you have changed the way you are going to be paying. Still, it might be better to buy a car for less money or a reduced payment from the previous car.
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
Can you obtain a repossession license if you have a criminal record?
http://wiki.answers.com/Q/Can_you_obtain_a_repossession_license_if_you_have_a_criminal_record"
Do you have to have your driving record to get car insurance?
No, they will ask you questions about your driving record, but they can get your record from the state you are applying in.
Can you get a repossession off your credit if you pay the past due amount immediatley?
Actually, it doesn't just come off your record. It will show as a repossession, but it will show as no balance due.
Is it better to have a repossession or a bankruptcy on your record in regards to credit recovery?
Neither is good. However, a repossession does less damage and is removed from your credit report within less time than a bankruptcy.
What is the most recent guiness record?
its 2010
How do you break world records?
by beating the recent record.
Can you rent a car with a car repossession on your record?
Renting a car with a car repossession on your record can be difficult due to credit concerns. It's advisable to contact rental agencies directly for eligibility requirements. Explore car rental options in Dubai at
How many points will credit score drop with repo?
points don't matter, you will have "repossession" on your record which will turn a creditor away.
What does a car repossession do to your credit How can you delete it from your record?
It hurts you credit tremondously. It will stay on your credit report for 7 years, and there is nothing you can do about it. Do not allow your car to be repossed. Voluntary repossession on not any better. Contact the lender and work something out.
What are the alternatives available to you when applying for a cash loan when you have a bad credit record?
One alternatives available to you when applying for a cash loan when you have a bad credit record is having a co-signer. Also one can get a Peer to Peer loan.
Flobots recent records?
The most recent record by Flobots is Fight With Tools, and before that Flobots Present...Platypus.
How long does a buy here pay here keep their titles on record for repossession?
wutlol. your question makes no sense. english please
