No, because you have your own separate credit report.
By mistake. Waste no time contacting the credit reporting companies, and demand that this entry be removed from your credit report.
It will cause the credit score to decline and will remain on the credit report for seven years, perhaps creating problems for the person to obtain future credit/loans.
The credit report holder can check his or her report as often as they choose. When you check your credit report it is considered a "soft inquiry" and will not affect your status.
It is up to the LENDER to report a repo. Usually they DO report it and it stays on your CR for 7 years.
No. You are the primary borrower, and it will be entered as a repo. on your credit report.
No. Your credit report is a record of all transactions on reported accounts. The repossession will show in the history, but so will the redemption.
Your credit is severely damaged. Stays on your credit report for 7 years. Don't let this happen. Contact the lender and work something out.
YES! It will lower your FICO score a lot!!
IF the lender posts a repo on your CR, you have one. You will have the repo on your credit report, but it should also show up as "redeemed".
Let it fall off. Be alot more careful the next time.
Yes, if the account type is considered a line of credit it will be calculated into your revolving account balance on your credit report.