Credit and Debit Cards
Improving Your Credit Rating

What bad things go on your credit history if a vehicle is repossessed?


Top Answer
User Avatar
Wiki User
2004-09-30 23:08:10
2004-09-30 23:08:10

Slow pay, repo, and it gets worse from there.


Related Questions

User Avatar

A credit report is a record of all transations on a reported account. In the life of a vehicle loan, many things can happen. Over the typical four to five years, the vehicle may have been repossessed and then redeemed and paid off. In these cases, yes, repossession and settlement can show on the same vehicle, on the same credit report.

User Avatar

1. Payment History 2. Amounts Owed (Credit Utilization Rate) 3. Length of History 4. Credit Variance 5. New Credit

User Avatar

When one is looking for a credit card, and that person has no prior credit history, the most important things to look for are low interest and high insurance.

User Avatar

The rate depends on alot of factors. · Credit History · Prior Insurance Losses · Claims History · Motor Vehicle Record · Year, Make and Model of Vehicle · Annual Mileage · Mileage to Work/School · Age · Driving Experience · Marital Status Among other things…

User Avatar

First thing that you have to do is to repair your credit card history. Look for the things that can be fixed. Next thing is to review your current status. There are certain qualifications that credit card companies are requiring for people to have a bad credit card history to have a new credit card.

Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.