It will show on your credit report for several years. If you have paid up and nothing more is owed, getting the dealership to add "paid" to the record may help some. Otherwise, if you have the paid receipt, you can send a letter and a copy of the receipt to the three credit agencies and eventually the paid will show up.
It means the lender wrote off the interest they DIDNT get from the debtor. Its just an accounting term.
No you cannot remove a repossession off your credit report if your cosigner has a judgement on the repossession.
An auto parts store can turn it off for you.
The amount you will owe the creditor will be the amount of your auto loan (including repossession fees, interest, and collection charges) minus the amount the vehicle sold for at auction. The creditor will notify you of the amount due in writing after they auction off the vehicle.
Actually, it doesn't just come off your record. It will show as a repossession, but it will show as no balance due.
auto zone,checker most auto parts stores will take care of that 4 you free of charge
i need to get a repossession off my credit report
yes
I took my 2000 galant to auto zone to find out why my service engine soon light won't go off, and they testing and said it was a sensory problem and said when I take it to an auto repair tell them it was a P0135.
Unless you want to be sued, you bet you do.
If your power gets shut off and you go in and pay the bill current, did your power get shut off?
There is not easy way to get out of a auto lease after you have driven the car off the lot. Read the auto lease before signing for the options to return the vehicle, rolling the payments into a New Vehicle if found defected under warranty, voluntary repossession due to income or health changes, bank refinancing for new ownership or for someone else to assure the payments.