OVER 9000 points gets added to your credit, but it makes your cards inert
as a repo
IF the lender posts a repo on your CR, you have one. You will have the repo on your credit report, but it should also show up as "redeemed".
points don't matter, you will have "repossession" on your record which will turn a creditor away.
7 years from the date of repo.
It is up to the LENDER to report a repo. Usually they DO report it and it stays on your CR for 7 years.
If your vehicle is already up for repossession, it is already on your credit report as a delinquent or defaulted debt.
you can not have true info removed legally from your credit report.
Do they? NOT usually. CAN they?? yes, if you convince them to. reporting a repo is reporting a fact. The repo DID happen. They report the payoff. That is a fact also.
as a repossession
Yes. I find you, and there is your car too....
For Experian, a voluntary repossession will remain on your credit report for seven years from the original delinquency date of the debt.
It stays on your credit report 7 years from the date of settlement not the date of repossession.