Car repo on my credit report. How can a fix my credit report

I have a repo on my credit report. I tried really hard to keep my car. I fell behind due to my mothers death and leaving my job to care for her. I got a job offered to pay them the $ I owed now that I was settled I was really not that behind just couldnt get caught up. They refused my offer and sold my car and sent me a check for the difference. I sent them a letter as you stated in your web site. They told me there was nothing they could do "it is a repo and we cant make it go away it really happened". Is there anything else I can do? How bad is this on my credit report? I would really appreciate your help in this matter at your convience.
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hes right, there is nothing to be done now
it over and done with
they have no financial motives now that the matter is over

car loans usually don't help with credit anyway
so forget it and go on
get new good credit

remember that once the repo becomes 24 months old and you have new good credit it will not hurt your credit report score as much as the new good credit will help your score.
some lenders, cars, homes, will not accept applications that show a repo so you may have to pay a little more interest if you choose to get a new car or home withing the next 7 years but for the most part good new credit will over come this mishap

Repossessions comes of in July. Will it help my score and how much

I have an equifax score of 586. I have a repossession that is due to come off of my report in July. Will this improve my score? If so by how much would you guess.

The other 2 scores are 640 & 641.
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really it souldn't help your credit score at all
if you have 3 open and reported lines of credit to equifax that show at least 12 MR months of reporting, then it should not help.
if this is the only thing on your report it will drop your score to 0'
it sounds to me like you don't have 3 lines of open good and rated lines of credit at equifax with no lates in the past 24 months.

it will eliminate some problems wih financing at major good credit lenders. Many lenders will disqualify you for a collections repo or bankrupcty right of the bat. So this is a good thing, it just shouldn't help your credit mch because it is so old and you have have new good cedit to over ride the old bad credit.

obviously each bureau has different data on you as the scores are different

Fiance cosigned with mother on a mobile home. Mother wants out

My Fiancé has co-sign for her Mom about 6 years ago. At that time.. the mom was living with her husband and making payments as normal. Now they have a Mobile home and the mom is now single again. it seems that the lot fees from where the House is located are more increasing more and more.

The mom wants to move the house to a mobile park in Texas. and perhaps try to sell it later.. but she has also talked in the past about just walking away from the entire mess.. ie: filing bankruptcy.

What do you see as a favorable outcome with the issue that might effect my Fiancé who is about to graduate from college at the end of the year.
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any repo will kill her score for 2 - 7 years I would do everything I could to get the thing sold and your fiance's name off the loan.

of course finances and situation play into this.
but a 13 or 7 would show on your fiances report just like her mother
and she could be liable in court and possibly face a judgment in the future.
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The problem is that it is a Mobile home and there are about 5 in the same block that are still not yet sold.. Prices dropped.. Landscape upgrade.. you name it.. they have done that..

I am thinking that her mom is going to drag herself down.. and get my fiancé’s signature on the house move.. and see what happens later..
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you got it right

Car repo sold over and over. I thought 7 years was it.

I have a car repo from 2000, the accounts keep getting re- sold again and again, after 7 years I thought it would drop. Will this continue as long as the account keeps being sold? Considering the fact that I did not go into any financial agreement with anyone except the original debtor can I get this removed?
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validate the debt
then complain to your state atorney general

Repo car. Now the collection agency says they will sue me

i've been dealing with a collectin agency called trilogy in san diego, ca
they claim i owe $12,000 on a car that was repossed in 2005, they claim they cut the price down to $7,500, provided that i make payments of $50.00 or more, but they won't tell me how much my carsold for... claimng if i protest the offer they gave me, than the original creditor will back out the deal and go for the original $12,000... i've been making payments but they are not reporting to the credit bueraus, i have not signed anything and i'm afraid if i dont't make a payment they will garnish my wages... i filed chapter 7 bancruptcy in 2002they have a noose around my neck what do i do???
please help, i'm a pisces too...lol
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i guess the car was a 40,000 plus dollar car or you were 12,000 upside down.
because they can only sue you for the difference in the selling price and what you owed them
when you repo a car you sell it and the difference is all that can be sured for.
you could be facing a judgment if you do not pay
but make sure you are paying a fiar price
ask for the copy of the bill of sale at auction after the repo
and how much you owed them

i would validate the debt
they may being trying to presure you into paying too much

the account was not included in your BK I assume
since you said it was repo
if included in bk. They can not sue you
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every time i ask,they threaten to back out and go for the 12,000!!!
the car was a 2001 honda accord sale price $18,000 intrest and finance jacked it up to $27,000 i paid a $450.00 car note for 3 1/2 yrs when they picked it up i owed $17,000!!!!
this is the collection agency i'm dealing with and they know i've already filed bancruptcy they have me in a noose... they claim the client is being nice by dropping the price to $7,500 and if i challange them they, will go for the $12,000!!! can thy do that???
do i have to pay...all i know is what they tell me,and i've been warned not to contact the lender or else.... is there an agency that monitors collection agency practices in california?
i 've neversigned anything with this agency, i just started sending them money every month, did that hurt me? i'm only 30 yrs old and a single mother, my only source of income is my job..what can i do??
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no this car was purchased after my bancruptcy discharged. so they really have me.
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sounds to me like they are hiding someting
contact the original lender FOR SURE
find out if the company charged off the debt on their books, if so a collection compnay can not sue for the rest as the debt was already used as a tax write of for the original creditor
validate the debt FOR SURE
contact your state atorney general FOR SURE

They can not sure your for the contract price
only the difference in what you owed and what they sold the car for.
AND
once they have accepted a lesser fee or payment plan
in tn. i don't know about cal
they can not sue you for the whole shebang
so they are bluffing.

your cal state atorney general monitors these guys
and the FTC


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Car repo removed from my credit report be creditor

A Car Repo is about 7 years old but was paid off in 2005. My credit score is 658 and I want to raise it so that I can qualify for a better mortgage payment on a new home loan in about 30 days I contacted the original creditor who said they would remove it and also send out a letter confirming that removal from the credit report. However that was told to me 2 years ago when the accout was paid and it still is not remove. What can I do to have this removed so that my credit score can raise. Also it is making my debt to income ratio look rather shaky because it shows that I have two auto loans for more than I can pay. I have a good rate but would like to qualify for a lower mortgage payment. Please help. Life is choice driven, we live or die by the choices we make. I Choose to Live!
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"majors@oskie.com" / to Car Repo get quailfied better rate / show details / Jun 21
Do the deal with the original creditor
It might make you go up to 700's i dont know
but
658 should get a decent rate. your not gonna get ripped off at that score I dont think