I’m in a leased car that I can no longer afford. I have a co-signer who has excellent credit that I don’t want to ruin. If I have the car repoed will her credit be affected just as badly as mine?
Category Archives: Questions & Answers
How much money does a vehicle repossession agent earn and do you have to go to college?
The vehicle repossession agent seems as a perfect job for me but do I have to go to college to drive to someone home and take his car or they train me for that kind of job? and how much do they make?
how long does car repossession stay on your credit report?
I recently had my car repossesed while in between jobs, and now owe about $4,000 remaining on my loan. How long typically do these type of repossesions stay on someones credit report and how it will effect me in the future. Also what steps can I take to fix and or aleviate the negative status [...]
Is a voluntary repossession any better than a repo where they have to come get it?
I voluntarily surrendered a car because it was a piece of junk and now I want to purchase a new vehicle.
Why did I receive a letter after repossession?
The bank came and repossed my truck without notice. Then the next day sent out a late notice. They told me it would cost 1400 to get it back, but the late notice says we owe 987? What can I do about this?
Can I buy a foreclosure house with cash if I had foreclosure before?
I’m loosing my house due to foreclosure. I bought it in $350K and right now worth $150K, so I don’t want to loose more money. I have $70,000 cash to buy a foreclosure house that is for sale near my mom house which is more bigger than mine. Can I buy the house on my [...]
What do I do if my bank is threatening repossession but my payments are current?
I have had my car loan for about a year now, and have never missed a payment. My co-signer declared bankruptcy about six months ago, but my finance company told me as long as I continued to make the payments they would contact me about removing the co-signer/refinancing to make me sole borrower. They never [...]