"How Long Does A Repo Stay On Your Credit"
If you have been in the unfortunate position of having your car repossessed, it is important to know how long a repo stays on your credit. Repossession can be detrimental to your credit score and can remain on your report for up to seven years.
Not only does having a repo stay on your credit negatively affect you in the present by making it harder to get approved for loans or lines of credit, but it also remains there for an extended period of time. The length of time that a repo stays on your report depends largely upon which type of repossession occurred. For instance, voluntary repos usually last about seven years, while involuntary ones tend to stick around for the full seven-year term.
The Law Offices of Omar Zambrano has helped thousands of people and businesses on the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706
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