Vehicle Reposession VERSES Reverse Reposession?

by admin on February 13, 2010



If a vehicle was already reposessed but you pay the back fee’s and get the vehicle back does it look the same on your credit? I mean if you don’t let the car go to auction but it was taken does it look the same on your credit as though it was sold and anyone looking at the credit can’t tell the difference? Anyone know?

Originally posted 2009-06-05 20:43:28.

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{ 3 comments… read them below or add one }

UCANTCME June 8, 2009 at 4:32 pm

Yes it will show up on your credit report.

cblack6540 June 9, 2009 at 6:13 pm

Thats entirely up to the people that repoed the can on how thaey report it.

wynnie June 12, 2009 at 4:24 am

Before it was reposessed, it was reported late to your bureau. That reflects poorly on your score, too. But, yes, it will report and it will look bad.

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