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Is there any way of buying a car if you have a repossesion on your credit report?
Wiki User
∙ 16y ago
It really depends on how old it is. If it's recent (less than 5 or 6 years) you probably won't get financing. If you do the interest rate will be extremely high. Having a cosigner with excellent credit will probably help, but you will still pay a high rate. Pull your credit scores and see what they are...anything over 600 with a cosigner you'll be all right..anything less forget it. I'd try to find a good used car and pay cash. Pay all your bills on time and keep your credit balances low and your score will rise quickly. Then you'll be in a better position to get financed.
Wiki User
∙ 16y ago
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Does your credit report show if your married?
If you filled out any applications for credit and said you were married -or- if you have any joint credit with your spouse, it will be on your credit report.
Who can report credit history on your credit report?
In the United States, any institution that extends to you some form of credit can report to the credit bureaus.
How can one obtain a free National Credit Report?
One can obtain a free National Credit Report from any reputable credit report site. These include Free Credit Report, Equifax, and Annual Credit Report.
How can you know if you have any credit?
Pull your credit report: www.annualcreditreport.com (free Equifax report)
How long will bad credit remain on your credit report?
Bad credit or any negative report will remain in your credit report for seven years. Therefore, if it happens that there is a wrong information that will affect your report negatively, be sure to dispute it immediately. You can also do your own credit card repair in order to eliminate any bad credit that will be reflected in your credit report.
Where to get your credit report?
You can get your report from any of the three major credit bureaus; Experian, TransUnion, and Equifax.
How can credit reference agencies help?
Credit reference agencies can help you identify any mistakes that appear on your credit report. By checking your credit report for free once a year you can notify credit agencies of any errors on your credit report and have them resolved before it effects your credit score.
If you have a repossesion on your credit report when you file for bankruptcy will that be removed from your credit report?
No. The repossession will be its own listing. If is was including in the bankruptcy, it will be listed as 'included in bankruptcy' but it will still be listed as its own listing.UPDATE: Actually, you can force Equifax, Experian and TransUnion to remove a Bankruptcy from your credit report and you can do it legally using a federal law that is in place. Credit Bureaus MUST have "verifiable proof" of the "bankruptcy" in their files if they are going to report the negative item on your report. The dirty little secret the credit bureaus don't want you to know is that they do not have any "verifiable proof" in their files for any of the negative items on your credit report. The Federal Court that the bankruptcy was filed in may have this information on file but the credit bureaus don't. If you request the credit bureau to provide you with the "verifiable proof" that they have in their files they will remove the negative from your file.Not only can you get a Bankruptcy Legally Removed from your credit report but you can also get Foreclosures, Default Judgments, Tax Liens, Repos, collections etc...all removed. All negatives no matter how bad, how many or how recent ... they all can be removed legally!
Which Credit Report Mistakes Can One Dispute?
You can dispute any incomplete or any imprecise information on your credit report.
Does any company gives free credit report to consumers?
Free Credit Report .com baby!!!
Is it true you are responsible for correcting any errors on your credit report?
Yes, if there is an incorrect information in your credit report, you have the right to dispute it and if proven correct, the credit bureau will not report it again.
What is the purpose of a free credit report?
The purpose of a free credit report is that the individual can get a report of their credit records. This way they can know what there standing is in terms of credit, and see if they have good credit or bad credit without paying any fees or services.
