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When your Father passed away how bad will a car repossession affect a cosigners credit?
Wiki User
∙ 14y ago
It depends on how your father's death, the repossession, and the cosigners credit are corelated.
Wiki User
∙ 14y ago
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Does a voluntary repossession affect credit the same way as a reposession?
Yes, there is no difference. A repossession is a repossession.
If cosigner pays off a defaulted loan is there a way to have a repossession removed from cosigners credit?
The LENDER put the repo on there so they will be the one to take it off. NEGOTIATE.
Will a voluntary repossession from your spouse affect your credit?
Yes, but perhaps not as adversely as an involuntary repossession.
How does a repossession affect your credit?
It hurts it very badly.
Will a repossession affect your credit?
Yes, it's one of the worst things that you can do to your credit.
How can a repossession with a zero balance affect a credit score and can it be removed?
A repossession will significantly lower your credit score, regardless of the balance. It will take around 7 years before the repossession is removed from the credit report.
How will a voluntary repossession affect your purchasing a car within a year from the voluntary repossession?
A repossession is a repossession, no matter if it is voluntary or not. Your credit will be ruined for 7 years.
How bad does a car repossession affect your credit report?
A Lot.
How long does a voluntary repossession affect your credit rating?
7 years.
Which credit cards let you have cosigners?
i have no idea
Will a cosigner's credit be affected if they cosign for someone who has a bad credit score because of a Chapter 7 bankruptcy?
The cosigner's credit will only be affected if the person that they cosign for defaults on the loan. The bankruptcy will not affect the cosigners credit.
Will the surviving spouse's credit rating be affected by the repossession of the deceased spouse's car?
AnswerIf the surviving spouse was not a joint borrower on the vehicle loan the repossession affect/appear on their credit report.
