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Repossession
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If your car was repossessed and then you paid it in full how can you get the credit report to reflect it as paid instead of a charge off?


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Wiki User
2015-07-15 19:48:40
2015-07-15 19:48:40

YES, ALL events relating to account activity should be on the CR. If the negative reports can be on it, the postitive can. Contact the CRB and get the info to add it.

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You end up with HORRIBLE credit if you don't pay your bills and you let your possessions get repossessed.

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Normally your credit is ruined for 7 years.

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A motorcycle that was paid for on a credit card can not be repossessed considering the credit card company paid the dealer. You must pay the card company back though or they can take you to court.


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