how long does a repo affect your credit
Obviously, it would be best to catch up on the debt and keep the car. However, a repossession might be unavoidable. Itâs not the end of the world, though. The repossession will be deleted from your credit report seven years from the original delinquency date of the original auto loan. The repossession will have a negative impact on your credit report throughout the seven year period. However, the further in the past in occurred, the less negative that impact will be. You can also reduce the effect on your credit scores by making sure you manage your other credit obligations well.