0
If the repossession contains information which is incorrect, misleading, incomplete, or unverifiable information, it may be deleted. You may contact the 3 credit reporting agencies and dispute the incorrect, misleading, incomplete, or unverifiable information.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
How does a willing reposession effect your credit?
A repossession hurts your credit score whether it is voluntary or not. The creditor will report late payments, a charge off status, and a balance if one is owed. A repossession may hurt your credit score anywhere from 60 to 120 points.
How do you remove a reposession from a credit report when the reposesion was the finance company's error?
File a consumer dispute with the credit reporting agency. You can do that online as each reporting agency has it's own website.
If you file bankruptcy will that remove a charge off report from a credit card?
Filing bankruptcy does not remove a charge off report from a credit card on your credit report. It just adds bankruptcy to your credit report.
Does a loan company that does a voluntary reposession have to tell you how much the car sold for at auction and then deduct it from your amount owed before they report it to a credit agency?
They should.You can dispute it with the credit agency.Send the credit agency a dispute letter .
How do you get bankruptcy off your credit report?
A bankruptcy will remain on a credit report for the required ten years, it cannot be removed arbitrarily.
Does car repossession show on your credit report?
Almost all auto lenders will report a reposession to the credit bureaus. There is a possibility that they won't report to all three credit bureaus as credit reporting is a voluntary system. They may only report to one or two of the bureaus.
How does a willing reposession effect your credit?
A repossession hurts your credit score whether it is voluntary or not. The creditor will report late payments, a charge off status, and a balance if one is owed. A repossession may hurt your credit score anywhere from 60 to 120 points.
Need to get a reepo off my credit report?
i need to get a repossession off my credit report
How do you remove a reposession from a credit report when the reposesion was the finance company's error?
File a consumer dispute with the credit reporting agency. You can do that online as each reporting agency has it's own website.
If you file bankruptcy will that remove a charge off report from a credit card?
Filing bankruptcy does not remove a charge off report from a credit card on your credit report. It just adds bankruptcy to your credit report.
Does a loan company that does a voluntary reposession have to tell you how much the car sold for at auction and then deduct it from your amount owed before they report it to a credit agency?
They should.You can dispute it with the credit agency.Send the credit agency a dispute letter .
Can you get accounts that were transferred to another office or lender removed from your credit report?
If they are not a reposession or charge off you can negotiate to pay them and have them removed. However, you must get proof in writing from them first before paying even 1 single penny.
When can you stop claiming an eviction if its already off your credit report?
If Its off your credit report ,and rental history you can stop clamming today!
Can i still purchase a car with a reposession on my credit report?
You can always purchase a car. Getting financing for a car may be more difficult, but that's true for anyone with compromised credit. Regardless of your credit, shop around to find the best deal you can with your history.
What should you do to get paid collections off your credit report?
If the account is legitimately yours, then you cannot legally have it removed from your credit report. However, if you paid the collection account off, it should be reported as paid on your credit report. Still, the accounts will not be removed from your credit report for 7 years.
How do you get bankruptcy off your credit report?
A bankruptcy will remain on a credit report for the required ten years, it cannot be removed arbitrarily.
Can you remove a repossession off your credit report if your cosigner has a judgment on the repossession?
No you cannot remove a repossession off your credit report if your cosigner has a judgement on the repossession.
