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Repo will come off your credit in one year however you am getting a new job that is requiring you to pay off all your neg credit including repo So will this reopen your repo case if you start to pay?
Wiki User
∙ 16y ago
It may reopen the repossession case, but once you pay, item will be noted as paid which should improve your score. Plus, you will have that great job and the negatives on your credit will be resolved.
Wiki User
∙ 16y ago
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Can someone get a housing loan with poor credit?
Poor credit decreases the chances of getting a housing loan. However, many companies offer assistance to those with poor credit and it is never too late to improve one's credit and improve the chances of getting a housing loan.
Are Capital One credit cards interest rates reasonable?
This depends on the persons credit, and which card that you are getting from capital one. However if you are accepted for credit you should have no problem with a low rate.
What does a loan for people with bad credit do for people?
Loans for people with bad credit allow people who have made financial mistakes to get their lives back on track. However, getting a loan with bad credit will be very difficult.
Why does a poor credit score prevent one from getting a rewards credit card?
A poor credit score can often prevent an individual from obtaining another credit card, including rewards cards. Many financial companies do not want to offer credit to those with a bad rating for fear that they will not be paid for the charges incurred.
How much does a free online credit report cost?
A free online credit report is indeed free. However, many people do not realize that getting a credit report can actually negatively affect your credit score. This is something to keep in mind before requesting it.
Can someone get a housing loan with poor credit?
Poor credit decreases the chances of getting a housing loan. However, many companies offer assistance to those with poor credit and it is never too late to improve one's credit and improve the chances of getting a housing loan.
Are Capital One credit cards interest rates reasonable?
This depends on the persons credit, and which card that you are getting from capital one. However if you are accepted for credit you should have no problem with a low rate.
Is there a tax credit you can take for getting married?
There is no credit per se. However, the tax rates for married persons usually work out to less than for single persons.
What does a loan for people with bad credit do for people?
Loans for people with bad credit allow people who have made financial mistakes to get their lives back on track. However, getting a loan with bad credit will be very difficult.
Can an individual that is not a bank change someone's credit report?
No. Individuals generally do not have the ability to submit tradeline information to a credit bureau. However, ANY corporate entity (including sole proprietors) may become a member of a credit bureau and submit credit information.
What is the purpose of Schumer Box?
It is the summary of the costs of a credit card. It is legislation requiring that terms of credit cards be clearly outlined in any promotional material
What is the ease of getting an auto loan with no credit?
If you have no credit, you will almost not be able to get a car loan. You have a better chance getting an intro credit card like Capitol One and building credit. You probably have some credit though--you get it from owning a home, credit card, student loans, etc. You can get an auto loan with no credit from "bad credit used car" companies, however, you will have to supply collateral in case you don't pay your bill, and your interest rates and pricing will be considerably higher than if you have good credit.
Why does a poor credit score prevent one from getting a rewards credit card?
A poor credit score can often prevent an individual from obtaining another credit card, including rewards cards. Many financial companies do not want to offer credit to those with a bad rating for fear that they will not be paid for the charges incurred.
How much does a free online credit report cost?
A free online credit report is indeed free. However, many people do not realize that getting a credit report can actually negatively affect your credit score. This is something to keep in mind before requesting it.
Where can one find line of credit loans?
One can find line of credit loans through all major banks, including Wells Fargo, Chase, and Citibank. You can call all of these banks; however, most have on-line options, including a live chat.
Will having a credit card with a high limit affect your ability to get a loan?
if you obtain a credit card with a high limit it will not affect your credit as long as the card is in good standings .. however if the card is maxed out it could affect your credit score wich will intern stop you from getting a loan. although it may not stop you from getting your loan but it will affect your interst rates
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.
