Wiki User
∙ 18y agoFor Experian, a voluntary repossession will remain on your credit report for seven years from the original delinquency date of the debt.
Wiki User
∙ 10y agoWiki User
∙ 18y agoNormally 7 years. There is no difference in a voluntary repossession and a non-voluntary one. A repo is a repo.
7 years.
YES its bad you dont get the lowest interest rates IF lenders will loan to you 7-10 years
The repossession stays on your credit report for 7 years.
If your vehicle is already up for repossession, it is already on your credit report as a delinquent or defaulted debt.
7 years is the norm.
7 years
Type your answer here... in the USA, 7 to 10 years
NOTICE OF DROPPING PARTY DEFENDANT
7 years if there is no "new action" on the particular account. "New action" means if you were to start paying on it or if the financier were to get a Court judgment on the loan. By the way.......A voluntary repossession (turning in the car before it go to collections) is the SAME as a regular repo. It will be listed on your credit in the same manner unless tou have negotiated a new termination clause wiyh the lender.
By federal law, 7 years from the date of repossession or sale or last payment. The state is irrelevant.
Only on your CREDIT REPORT. DMV doesnt care how you got it or got rid off it, as long as ya dont steal it or sell before ya pay for it.
It takes seven to ten years.