Auto Loans

turn on suggestions Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Reply
Topic Options
whiteheather
New Visitor
whiteheather
Posts: 1
Registered: ‎07-01-2008

Co signed!!!

Options

‎07-01-2008 05:12 AM

I co-signed on an auto loan for my daughter and auto was repossessed. I paid it off but I have negative fico score. How long will this stay on my credit report?
Message 1 of 3 (1,123 Views)
 
Reply
Valued Contributor
1111mel
Posts: 1,060
Registered: ‎02-13-2008

Re: Co signed!!!

Options

‎07-01-2008 08:10 AM

7 to 7.5 years.
Mortgage Lenders Mid-Score 778 I AM A HOMEOWNER!!!!! 30 Year 5% Fixed Rate, closed on 3/18/09
Message 2 of 3 (1,104 Views)
 
Reply
Contributor
mce
Posts: 131
Registered: ‎05-15-2008

Re: Co signed!!!

Options

‎07-03-2008 12:52 PM

If it's paid off try sending a GW letter to get it removed.
Message 3 of 3 (1,032 Views)
 
Reply

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
www.myfico.com is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+