answersLogoWhite

0


Best Answer

This is better for you since is happened over two years ago. However, it will still affect your score. As written in a Phil Turner's book titled "The Credit Bible." I would sugguest that you do nothing for now and try to add good credit to your profile e.g a Secure Credit Card and Merchandising Card. This will really help your score and won't affect your from getting another car since they are more concern with your score. Also you still have a family member to add you to their credit card but don't have the card in your possession. This way they can be assure that you want use the card and affect their credit. This will increase your score greatly however, this method is coming under fire recently. It is still an option for now.

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: I had a car repossessed 4 years ago but my credit report does not mention repossession only account sent to collections?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can you file breaking and entering repossession in nc?

The question is unclear. If the repossession agent broke into a garage or other structure to secure a vehicle, then he is in violation of law, state and federal law. This being the case, you would do as you would for any other breaking and entering situation...call the police and file charges.Additionally, if this is the case, you would hire a civil litigator to file a claim in state and federal courts against the driver, anyone who was with him at the time, and the company that employs him for violation of the FDCPA (Fair Debt Collections Practices Act) and pertinent state laws. The federal law permits at least $50,000 in court cost, $50,000 in legal fees, and substantial punitive damages. Not to mention, a vehicle repossessed in such a scenario has been wrongfully repossessed and must be returned at no cost to you.If the vehicle was simply repossessed because you failed to honor the loan contract, then there was no breaking and entering, and you have no recourse.


What is a Special Mention Account for loan rescheduling?

Special Mention Account also known as SMA are loans which are overdue for payment minimum 2 month


How do you reply to a mention on a protected account on Twitter?

Even though the account is protected, you can still mention people normally by writing their username (@username) in your tweet.


Does Henry Moore have any sculpture in bone?

None in a public place, nor in public collections. Biographies do not mention any, either.


Does legacy has a girlfriend?

no he does not but he did mention on his twitter account that he is looking for a "new girl"


What options does one have if placed on disability and the auto was repossessed while awaiting receipt of payments in Texas?

Same as if you werent on disability. Read your contract. Did it mention disability insurance?


Who is responsible for the first official written account of Oklahoma?

The Choctaw Indians were the first people in the Oklahoma area, I can find no mention of an first official account.


How do you close demat account?

Hi, Go to Bank with a written application for closure of DMAT account.....also mention Client ID in the application.....They shd close ur DMAT account.... Thanks


In what US city's museum are the impressionists paintings found?

They are in more museums than I can mention. The greatest collections are in the Metropolitan Museum, NYC and the National Gallery of Art, Washington DC.


How do you delete your account on windows live?

First sign into your windows live account and go to security and password. Verify your account by following the procedure and click the close your account tab then click close my account. You will have to mention the reason for quitting . In the end tap or click Mark account for closure.


How do you close sbi demat account?

Hi, Go to Bank with a written application for closure of DMAT account.....also mention Client ID in the application.....They shd close ur DMAT account.... Thanks


What technology does cort and eacutes mention in his account that shows the Aztecs were able to adapt to this environment?

cortés mentions the presence of advanced irrigation systems, floating gardens known as chinampas, and sophisticated aqueducts used by the Aztecs to adapt to the environment in their capital city of Tenochtitlan. These technologies helped the Aztecs thrive in the challenging marshy terrain of the region.