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Yes, IF you pay more down payment and higher interest rates.

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โˆ™ 2015-07-15 18:46:04
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Q: Can you still buy a car if you have on your credit report that you had a car reposessed?
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Related questions

Can you buy a home with bankruptcy on credit report?

NO


Can you still renew your drivers license if you owe the lender due to repossession?

Yes. The DMV (Department of Motor Vehicles) has nothing to do with whether or not your vehicle was reposessed (nor do they care). This will, however, affect your credit and ability to buy another vehicle.


How will taking a car back to buy here pay here affect credit when they do not report anyway?

If they don't report, then you don't have to worry about it affecting your credit.


Does a reposesion effect your credit ability to buy again?

Repossessions do show up on your credit report, yes.


How do you get a credit report without a credit card?

There are actually plenty of alternatives. You can buy a home, buy a car, even some home utulities services will do it depending on where you live. Typically, if they ask for you SSN, then it will most likely appear on you credit report.


If an account was charged off and removed from your credit report after 7 years can another company buy the account and place it back on your credit report?

No, it is illegal, and if you are a victim of this, you can have it removed from your credit report by disputing it with the bureaus. After the statute of limitations is up on any trade line, it can not be placed back on your credit report.


After having your car reposessed how hard will it be to try to buy another car?

It is not hard.You will have to pay a higher rate of interest.A better way to go is to lease to build your credit back up.An even better way to go is to buy outright and save your money.Remember that the repo stays on your credit whether or not you continue to pay for the car or pay the loan off it is still there.


Can you get a best buy credit card whitout ssn?

You need a SSN to apply for any credit card. That is how they can check your credit report.


What is a credit report and why is it important?

it is when you check your credit it shows you your score and tells you if it is good or bad and it is important because without it you could spend extra money on something you buy because you have a bad credit report score.


What impact does 1099-C have on your credit report i want to buy a car in a few months will this effect in qualfying for a loan?

Your credit report shows your credit useage patterns, it has nothing to do with the quality/source of your income. 1099 is used to report income stuff to the IRS. The credit bureaus won't know about it.


Should you buy reposessed car?

I would avoid purchasing a reposessed car because in some cases, cars that are reposessed are trashed. I had a friend who looked at a car that was a repossession and there were things missing from the car (radio with CD player). I would avoid purchasing a reposessed car because in some cases, cars that are reposessed are trashed. I had a friend who looked at a car that was a repossession and there were things missing from the car (radio with CD player).


How can you clear your credit report quickly?

I had to clean up my credit report several years ago and it took a lot a work but was able to buy a house and now have financing through my bank. You will need to have the cash to pay off loans if you want to quickly remove them from your credit report. First contact the creditor and ask if you were to pay off the balance would they take it off your credit report. If they agree to first get a letter from them stating so before you give them any money. It still will take several months to clear off your report. Hope this helps.

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