topic Re: Voluntary Reposession in Auto Loans

Voluntary Reposession

dznen1 — Wed, 30 Jun 2010 14:15:59 GMT

I have a voluntary repossession due to drop from my cr's in a few months. Does anyone know whether or not cu's/banks/dealers will be able to still pull this up once deleted? Also, do cu's used the auto enhanced scores?

Thanks

Re: Voluntary Reposession

ngerasimatos — Wed, 30 Jun 2010 20:39:55 GMT

Once its off your credit, its gone.

Re: Voluntary Reposession

Anonymous — Wed, 30 Jun 2010 21:27:03 GMT

@dznen1 wrote:
I have a voluntary repossession due to drop from my cr's in a few months. Does anyone know whether or not cu's/banks/dealers will be able to still pull this up once deleted? Also, do cu's used the auto enhanced scores?

Thanks

My local CU doesn't but you'll need to ask a particular CU if they use the auto enhanced scores.

From a BK years ago to:
9/09 EX pulled by lender 802
3/10 EQ- 800
6/10 TU -772

You can do the same thing with hard work

Credit Scoring 101
Common Abbreviations
Frequently Requested Threads
Whats In Your FICO Score

Re: Voluntary Reposession

dznen1 — Thu, 01 Jul 2010 00:17:14 GMT

Thanks. I do desperately need a car but. I will have to wait to see what happens with my scores after the Citi Auto drops in Sept, and the other two are off last month and July.

Do you think these will help my credit scores very much?

Thanks again

Re: Voluntary Reposession

Anonymous — Thu, 01 Jul 2010 02:10:05 GMT

@dznen1 wrote:
Thanks. I do desperately need a car but. I will have to wait to see what happens with my scores after the Citi Auto drops in Sept, and the other two are off last month and July.
Do you think these will help my credit scores very much?

Thanks again

I would guess that it should but there are so many factors involved. You'll know soon enough.

Re: Voluntary Reposession

Anonymous — Thu, 01 Jul 2010 02:37:19 GMT

@ngerasimatos wrote:
Once its off your credit, its gone.

For purchasing a vehicle it is gone from your CR. Things don't just go away, they are in your entire credit file. These can be seen by the creditor/llender/employeer under certain circumstances.