0
What else can I help you with?
How does reposession affect obtaining a home loan?
A repossession ruins your credit for 7 years. This will have an adverse effect on any loan you may try to obtain.
How badly does a voluntary reposession hurt a co-signer's credit?
A repo is a repo is a repo, credit wise.
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 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.
Which companies are willing to cosign for you?
Banks, credit unions, and some financial institutions are willing to cosign for you if you need a loan or credit but don't have a strong credit history.
How does reposession affect obtaining a home loan?
A repossession ruins your credit for 7 years. This will have an adverse effect on any loan you may try to obtain.
Are you able to get a car if you have a reposession on your name?
This depends upon your credit score.
How badly does a voluntary reposession hurt a co-signer's credit?
A repo is a repo is a repo, credit wise.
How do repossessed cars affect your credit rating?
A car reposession will leave a major black spot on your credit rating for 7 years.
Does a voluntary repossession affect credit the same way as a reposession?
Yes, there is no difference. A repossession is a repossession.
How do you get a new vehicle after a reposession?
You will not be able to using credit, but if you have the cash you could go into a shop and buy one.
How will voluntary repossession of my home in Texas affect my credit?
The effect on your credit will depend on how the lender chooses to report it to the credit bureau. Sometimes a lender will be willing to report it 'paid as agreed' or 'settled' entry on the credit report rather than an actual repossession. If it is reported as an actual repossession or foreclosure it will be on your credit for seven years and negatively effect your rating.
Who can co-sign auto loan?
Anyone with good credit, who is willing to put their good credit on the line for you, and willing to guarantee that your loan will be paid even if they have to pay it, can co-sign a loan.Anyone with good credit, who is willing to put their good credit on the line for you, and willing to guarantee that your loan will be paid even if they have to pay it, can co-sign a loan.Anyone with good credit, who is willing to put their good credit on the line for you, and willing to guarantee that your loan will be paid even if they have to pay it, can co-sign a loan.Anyone with good credit, who is willing to put their good credit on the line for you, and willing to guarantee that your loan will be paid even if they have to pay it, can co-sign a loan.
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 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.
Which companies are willing to cosign for you?
Banks, credit unions, and some financial institutions are willing to cosign for you if you need a loan or credit but don't have a strong credit history.
When does a reposession affect your credit score?
it will be on there as soon as the order gets sent to the repo company, they are the collection agency. after they repo ur car and it gets sold at auction ur credit score will change .
