answersLogoWhite

0


Best Answer

Gina, if the repoman picks it up. its a REPO. Ya cant hide the car in a repair shop.

User Avatar

Wiki User

โˆ™ 2004-03-19 08:42:26
This answer is:
User Avatar
Study guides

Health

21 cards

Im with someone in the army and we want to get married asap but would he get into trouble he is 21 and im 16

What does teachorous mean

What is the first aid treatment for arterial bleeding

What is the difference between an intentional and unintentional injury

โžก๏ธ
See all cards
3.49
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
53 Reviews

Add your answer:

Earn +20 pts
Q: Is it true that a lender cannot put a repo on your credit if the car is being repossessed at a repair shop having actual repairs done?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How do you buy a repossessed mobile home w bad credit?

You cannot borrow money if you have poor credit. Try to see if the seller will take payments.


What happens to your credit when your car is repossessed?

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


If you're married and your husband's car is soley in his name and was repossessed will it show on your credit as repossessed?

No, because you have your own separate credit report.


What happens to your credit after a car is repossessed?

Normally your credit is ruined for 7 years.


If you already have 1 car repossessed does having a 2nd repossessed hurt your credit even more?

yes


Can a motorcycle purchased on credit card be repossessed?

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.


How bad does it affect the cosigner's credit if the borrower has the car voluntarily repossessed?

It has the same effect on the credit.


Is it legal for a buyer to request the seller who has offered credit for repairs to have a statement in the final paperwork indicating that the credit is for closing costs NOT repairs?

No how can it be leagel


How does getting a car repossessed affect credit?

Stays on your credit rating for 7 years. Has a very negative effect.


As a cosigner can you have a vehicle repossessed without affecting the cosigner credit rating?

Nope.


If a car was repossessed how long does it stay on your credit before it is removed?

7 years


If your car is repossessed by a 'buy here pay here' dealer does it affect your credit?

Only if the dealer reports it to the credit bureaus.

People also asked