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Yes it will most definatly go against your credit report. A credit check is only to provide a lender with a picture of your credit history. it has nothing to do with wether or not you have good credit or bad credit in its self. wether or not you pay your bills on time and how much you owe is what determines your credit rating. if you do not pay your bills your credit rating will suffer and fewer institutions will lend to you. when they view your credit report they will see you as a bad risk.

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โˆ™ 2015-07-15 19:48:33
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Q: If there was no credit check when you purchased a used car will it go on your credit record if it is repossessed?
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Related Questions

What do companies generally check for in a background check?

they check for credit history criminal medical record


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This is a negative criminal or credit record that is available to be pulled by the public, such as a credit report or background check. It usually involves crimes or bad credit.


Can a third party creditor check your credit after ten years?

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BI under driving record is a background investigation. This is done to check driving record, credit standing, and any arrests or encounters with police.


What is the difference between a criminal check and a credit check?

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They check them out and resell them after that for a cheap price.


Will the lender check the co-signers credit?

Yes. The purpose of requiring a co-signer is to guarantee the loan will be paid if the primary borrower fails to pay. Therefore the lender will check the co-signer's credit and the loan will appear as a debt on the co-signer's credit record.Yes. The purpose of requiring a co-signer is to guarantee the loan will be paid if the primary borrower fails to pay. Therefore the lender will check the co-signer's credit and the loan will appear as a debt on the co-signer's credit record.Yes. The purpose of requiring a co-signer is to guarantee the loan will be paid if the primary borrower fails to pay. Therefore the lender will check the co-signer's credit and the loan will appear as a debt on the co-signer's credit record.Yes. The purpose of requiring a co-signer is to guarantee the loan will be paid if the primary borrower fails to pay. Therefore the lender will check the co-signer's credit and the loan will appear as a debt on the co-signer's credit record.


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Can i get auto insurance after a repossession?

If you have a repossession on your record and you have purchased a new vehicle, you will have no difficulty purchasing insurance. While some states allow auto insurance providers to check the credit history of applicants to determine their auto insurance rates, not all states do this. Even states that check credit history for premium ratings cannot deny you insurance strictly because you have a repossession on your record. While your premiums will be higher in the states that use credit history, you will be able to find insurance through large name insurers. The primary concern of the insurance company is your driving record and accident history. If you have a bad record, you have a more difficult time finding insurance and you may have to insure your vehicle through a high risk insurance company.


Where can one check their credit report for free?

Transunion is an excellent website that offers a comprehensive and professional credit report. They can also query any problems you notice directly with the credit provider on your behalf and if that provider cannot prove that you missed a payment or had a bad record, Transunion will remove it from your record. Other options to Transunion, include AnnualCreditReport, FreeCreditReports and Credit Karma.


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If your car is repossessed in Pennsylvania can your wages and bank accounts be garnished?

check this site


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