Site Map
Categories
- Auction FAQ (2427)
- Auction Videos (1658)
- Auto Auctions (29)
- Car Auctions (67)
- Cars (1056)
- Government Car Auctions (87)
- Repossessed Car Auctions (32)
- Seized Car Auctions (68)
- Useful Articles (3)
Testimonials
Find Car Auction
Recent Posts
- Rare American Muscle 1/18 Diecast Collectible Cars Featured at Auction
- Want A New Car? Come to the Philadelphia Public Auto Auction for the Best Prices Around!
- Auctions America – Lee Hartung Collection, Glenview, Illinois, November 3 – 5, 2011
- Rachel gets dunked
- Auto Repossession in NYS?
- Forza 4 My car sells for 20 mill CR on Auction House
- Wrecked to Wild in 24 Hours – Season 1 / Episode 2 / Part 1
- 1961 GMC Truck-Out With the Old and In With The NEW-Y2K Style
- Drifting–Ford drifting experience at Barrett-Jackson Orange County
- 1956 Cadillac-Custom Desk-Painted RED!
Resources
Find Seized Car Auctions Near You
Know Where To Buy Your Dream Car For A Low Price!
Whether It Is A Mercedes, BMW, Honda, SUVs, Trucks...
Drive Your Dream Car For 90% Below Retail Prices!
Start Looking For Your Dream Car Now!
How long does a car repo stay on the credit report?
14th August 2011
My husband and I are in the market for a new car. We pulled his credit and found there was a repossession 4 years ago on the vehicle he currently owns. (before we were married). We paid it off two years ago. (after we were married).
Does the repossession stay on for 7 years after the car was repossessed or 7 years after the car was PAID for?
Is it better for credit to have car repossessed, or being behind on payments for 8-12 months?
20th July 2011
I am 100+ days late on payments due to being out of work. To add to this matter, the car is inoperable right now and I can not afford to fix it. I really don’t want a repossession on my credit for the next 7 and a half years. I can start paying the regular monthly balance in the next couple of weeks, and then eventually pay a little more to eventually get the balance current, but that will probably take more than 8 months to finally show a current balance, and I hate the idea for a car that’s inoperable. So is it worse on my credit report to be continuously behind on payments for months on end, or having a repo on the report?
How I could dispute auto repossess from my credit report?
17th July 2011
It’s been over 8 years on my credit report
It’s been over 8 years on my credit report
Ok, here is the deal. I was stupid and young and let myself get talked into buying a neon 4 yrs ago. The car is having some major issues with the transmission and the repair costs more than I can afford. The warranty has expired and I owe more than it’s worth(duh). I can’t get approved for a car because my credit is bad and the car adds about 5,000 onto the potential loan. I have some other debt I accrued while I was unemployed and couldn’t pay my bills and I am thinking about filing bankruptcy. I understand that if I file bankruptcy they might not include the car because I owe way more than it is worth. So the question is do I let them re-po it first and then file bankruptcy and if so do both show up on the credit report? Help! And thanks in advance to all of you that give serious answers.




