Aug
28

What is the best way to repair your credit after an auto repossession?

By admin
repossession

I recently had a car repossession and my score really took a beating. I am really optimistic about cleaning up my report and I am open to any suggestions. Please help..

Rent Back
Consider:
What is the statute of limitations for auto repossession?What happens after 7yrs and it off the credit report? After 8 years and a repo is removed from you credit report. Can another company try to collect? What is the statute of limitations on this matter? It never went to court. No judgement. I don’t have the car. It was repoed 8 yrs ago.Rent Back ...

My car went in to the shop for repair while still under warranty. The financer then took repossession? I have not missed payments. He just said he no longer wanted to do business with me. Is this a legal repossession? The repairs that were supposed to take place should have been done before the sale of the vehicle. The seller of the car said the car was...

How bad would the repossession by ‘we finance auto’ affect my credit? I had to buy a used auto from ‘we finance’ like early this year due to no credit establishment. And I have been ****** paying over 200% of the blue book price. And I don’t want to keep paying that because financial situation these days is not really good....

How will a voluntary repossession affect my credit? I took out an auto loan for my brother to get a car last Feb. He failed to pay, so I took the car back and have been making payments for the last three months. I’ve listed the car for sale several times on Ebay, in the local newspaper,...

Need Repossession taken off my credit? Hi, My story is unique. I was financing a vehicle with wells fargo auto finance. It was totaled….. and i didnt have insurance at the time. Listening to my father(i didnt tell him i didnt have insurance. I parked the car in a private owner body shop lot (...

Categories : repossession

1 Comments

1

Your credit score is a predictor of how you will pay your future
bills if someone gives you credit. Once upon a time you bought a car and gave your word that if you could borrow the money for the car, you would pay it back. Someone trusted you and loaned you the money only to find out that your word wasn’t what they thought it was,
Not meaning to beat up on you but it’s going to take awhile before your word is once again trusted. What you have to do now is work hard to show the world that when you say you will do something, you will.

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