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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.
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∙ 15y ago
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How will voluntary repossession of a vehicle affect a persons credit score?
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...
How long does an auto repossession and a home foreclosure after stay on your credit report?
NOTICE OF DROPPING PARTY DEFENDANT
How long does a repossession stay on your credit report after bankruptancy?
Type your answer here... in the USA, 7 to 10 years
How long will a foreclosure be on your credit report and how will it effect your credit score?
A foreclosure can stay on your credit report for over ten years. It will have a significant and negative impact on your score.
How long does a voluntary repossession stay on your credit report?
For Experian, a voluntary repossession will remain on your credit report for seven years from the original delinquency date of the debt.
Does a repossession stay on your credit report if you get the car back?
YES
How long does a repossession in Mississippi stay on your credit report?
By federal law, 7 years from the date of repossession or sale or last payment. The state is irrelevant.
In the state of Ca. How long is the statute of Limitations on a vehicle repossesion?
10 years, a repossession will stay on your credit for 10 years.
How long does a house repossession stay on your credit once it has been paid off in full?
all negative info stay on your credit report ten years.none negative itiems stay for seven years.This info is from transunioun.
How long will a repossession stay on your credit report if you've made arrangements to repay the monies owed?
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.
How long does an auto repossesion stay on your credit report?
Negative reports on your credit score remain on your report for seven years.
How long does a bad credit score stay on records?
it currently takes 7 years for something to come off of your credit report
