For Experian, a voluntary repossession will remain on your credit report for seven years from the original delinquency date of the debt.
By federal law, 7 years from the date of repossession or sale or last payment. The state is irrelevant.
NOTICE OF DROPPING PARTY DEFENDANT
Type your answer here... in the USA, 7 to 10 years
Of course it is. You voluntarily turn the car in for repossession. It will stay on your credit report for 7 years.
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.
all negative info stay on your credit report ten years.none negative itiems stay for seven years.This info is from transunioun.
of course. debt's just don't disappear.
Normally a repossession stays on your credit rating for 7 years. If you are repaying the loan, talk to the bank and see if they have reported it. They may or may not have.
A repo will stay on your credit report until the remaining balance is paid off or settled, you still owe the amount left on the vehicle even though the car is not in your possession.
Same as a regular repo. The creditor may still put the repossession on your credit report and it would stay there for up to seven years. Notice the word "may", because it is at the creditor's discretion...
Vehicle repossessions stay on you credit report for 7 years.
it can stay on your credit report for as long as 10 years.
Charge offs will stay on your credit report for 3 to 7 years
It can not be erased. If it has been paid, it will come off your credit in 7 - 10 years. If you still owe money on it and they report monthly that you owe an amount, it can stay indefinitely. If you owe money, but they are not reporting it monthly to the credit agencies, it i will come off in the 7 - 10 years.
no, it should stay on your credit report for life.
How long does a civil judgement in New Jersey stay on your credit report?
Hard inquiries stay on your credit report for 2 years from the date they were initiated.
It can stay on your personal credit report for up to 10 years, but most credit reporting agencies will remove it after 7.
Bankruptcy filings typically stay on a debtor's credit report for 10 years.
Ten years from the date of discharge.
How long does a judgement stay on your credit report in ventura county/ca
It is up to the LENDER to report a repo. Usually they DO report it and it stays on your CR for 7 years.
how long does personal judgement stay on credit in texas
A foreclosure will typically remain on your credit report for seven years.