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Redeemed Repo - US bank

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sobreezy
Contributor

Redeemed Repo - US bank

In Aug of 2009 I missed the first of 3 payments on my SUV.  In Nov 09 I paid up on all fees and missed monthly payments to include the current month.  I continue to make on time payments even now.  Recently (more like all of a sudden) US Bank turned my semi positive acct to negative.  It now states that I am a month behind and in the comment section it says, "redeemed repossession."  I am so confused as to what to do.  I've been paying my bills on time ever since that time and this is the first time it ever reported like this on my CR. Please help.

MyFako scores EX 594, EQ 553, TU 589 as of 10 Jun 11
myFICO EQ 614 TU 599 EX 644
Goal 700 by March 30 2015
Message 1 of 2
1 REPLY 1
sobreezy
Contributor

Re: Redeemed Repo - US bank

+1 How badly can this affect me being able to finance a new car?  Anyone with experience with this please chime in.

MyFako scores EX 594, EQ 553, TU 589 as of 10 Jun 11
myFICO EQ 614 TU 599 EX 644
Goal 700 by March 30 2015
Message 2 of 2
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