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If you pawn a vehicle and it gets repossessed will this hurt your credit?
Wiki User
∙ 8y ago
IF the lender reports it to the CRA, it will. FWIW, title pawn lenders USUALLY dont report it. Too much work and paperwwork for them. LOL
Wiki User
∙ 8y ago
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How much would it hurt your credit if the car you co-signed for gets repossessed?
Just the same as if it was your car repossessed. Legally, you hold the same liability as the primary buyer.
If you already have 1 car repossessed does having a 2nd repossessed hurt your credit even more?
yes
Will voluntary car reposesion hurt your credit?
if i let my vehicle get reposesed will it hurt my credit?
If the first goalkeeper gets hurt in hockey which goalkeeper gets the shutout?
the goaltender who finished the game would get credit for the shutout
Does it hurt my credit to close a savings account?
no. You will hurt your credit when you close an open line of credit.
How does car repossesion affect credit score?
A repossession can drastically hurt your credit score. The repossessed account may report late payments (30, 60, 90 days late), a pad due balance, and a charge-off. A repossession can lower your credit score anywhere from 30 to 200 points depending on the other accounts reporting on your credit report.
Does an auto loan rewrite hurt your credit?
I think yes....the auto loan rewrite can hurt your credit
Does applying for school loans hurt your credit?
It should not hurt your credit score unless you don't pay.
Does bankruptsy hurt your credit score?
OF Course it does! IF you just got bankrupt it does hurt your credit score really badly!
Does your debt hurt?
Debt can help or hurt you when applying for credit.
Does a divorce hurt your credit?
The act of divorce does not damage your credit.
How does a company running a credit report hurt your credit score?
Too many inquires on your credit report can hurt your score since it may appear that you are applying for too much credit at once.
