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If your car was repossessed but redeemed by the cosigner can the bank report a repossession on your credit but not on the cosigner's?
Wiki User
∙ 8y ago
VERY possible. reporting repos is up to the LENDER(of course, they usually do). It was very much repoed from you sooo. Nothing you can do about the co-signor having or not having a repo on their credit.
Wiki User
∙ 8y ago
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What can you do if your car was repossessed and then you redeemed it but the bank is reporting it as a repossession that happened this month when it actually happened 2 years ago?
You need to provide the bank with written documentation proving your case. Show them what paperwork you have and they have to change their information.
Can a credit report show settlement then repossession on the same vehicle?
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.
What if you stop making payments on the vehicle?
It will likely be repossessed and sold at auction, if not redeemed, with the proceeds being applied against the amount owed and subsequest repossession, collections, and legal fees. Keep in mind that you signed a contract. That contract is legally binding, and in most cases, you agreed to suspend many of your rights to property.
If a car is repossessed and the loan is paid in full and you get your car back do you still have a repo on your credit report?
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".
How do you say redeemed in Hebrew?
redeemed = neekneh
What is the legal course that must be followed by a lender repossessing a car?
After repossession the lender must send a letter telling you where the car is how much is owed on the car and where it can\d be redeemed. This letter must be sent within 5 day after the repo
What actors and actresses appeared in Redeemed - 2008?
The cast of Redeemed - 2008 includes: Cindy Birch as Redeemed
What is redeemed in present tense?
The present tense of redeemed is redeem.
What are the lyrics to Clara Ward's Redeemed?
Clara ward lyrics Redeemed
What is the duration of Guilt Redeemed?
The duration of Guilt Redeemed is 2880.0 seconds.
When was Guilt Redeemed created?
Guilt Redeemed was created on 1915-02-15.
When was A Woman Redeemed created?
A Woman Redeemed was created on 1927-08-31.
