Ok, yeah.....my car got repossesed and i was able to get it the next day. I have since been good on payments. I am looking for a practical car now that would lower my overall loan but im wondering if the repossesion will make it impossible.
2007-03-11 14:10:35 · 5 answers · asked by polishpong3 1 in Cars & Transportation ➔ Buying & Selling
Well, if you got back your repossessed car and have been regular on the payments ever since then you should be okay.
2007-03-11 14:13:54 · answer #1 · answered by Rawrrrr 6 · 0⤊ 0⤋
if you got it repoed that means you were behind in payments, that may hurt you because those missed payments were put on your credit. if you have been current ever since then it will boost your credit back up some but it is a slow process. depends on how long you have been good and if you have other negative credit. it probably won't be impossible to get a new car but you may not get a good loan rate.
2007-03-11 21:19:40 · answer #2 · answered by Florida Mom 2 · 0⤊ 0⤋
yea it could but u said u r good on payments, so it probably wont affect you
2007-03-11 21:16:36 · answer #3 · answered by Petree33 2 · 0⤊ 0⤋
It all depends on you credit score and gross monthly in com
2007-03-12 01:18:59 · answer #4 · answered by CJ 2 · 0⤊ 0⤋
You should be ok....Do you have anymore loans outstanding???Hope it goes well for you....
2007-03-11 21:20:04 · answer #5 · answered by kows4sale 4 · 0⤊ 0⤋