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Repossessions disputed.
A vehicle or asset reclaimed after default, reported as a serious delinquency.
What are repossessions?
A repossession is what gets reported when a lender takes back a financed vehicle or asset after missed payments, whether they came and towed it or you handed over the keys in a voluntary surrender. The repo itself is only half the damage. Lenders usually auction the vehicle, and the difference between what you owed and what it sold for, called the deficiency balance, often lands with a collection agency and becomes a second negative entry tied to the same loan.
How repossessions hurt your score
A repossession is a severe derogatory mark that weighs on a score for years and can stay on your report for up to seven years from the first missed payment. Paired with the deficiency collection that usually follows, one repo can suppress a file from two directions at once.
Your rights under the law
Repossession reporting must be accurate and verifiable under the Fair Credit Reporting Act, including the dates, the balance, and whether the entry reflects the auction proceeds that were applied to your loan. State laws also require lenders to follow specific notice procedures around the sale of a repossessed vehicle. Entries with wrong deficiency balances, wrong dates, or that the lender cannot verify can be disputed, and the related collection entry must independently be accurate as well.
How we dispute repossessions
We examine the repossession entry and any deficiency collection tied to it across all three bureaus, then dispute everything that is inaccurate, outdated, or unverifiable. That means balances that ignore auction proceeds, re-aged dates, duplicate reporting of the same debt, and entries the lender cannot document. We track every dispute until the bureaus resolve it.
We challenge items that are inaccurate, outdated, or unverifiable. We never promise to remove accurate, current, and verifiable information. Results not typical; individual results vary.
Covered by the Diamond plan
Disputes for repossessions are included in the Diamond plan, starting at $200 down and $200 bi-weekly. Best for complex / high-volume files.
Questions about repossessions, answered straight.
How long does a repossession stay on my credit report?
A repossession can stay on your credit report for up to seven years, with the reporting clock starting no later than 180 days after the first missed payment that led to the default. Entries reporting past that limit, or re-aged to look newer, can be challenged.
Is a voluntary surrender better for my credit than a repossession?
A voluntary surrender is reported very similarly to a repossession and carries most of the same score damage. It can save you towing and fees, but on the report both read as a serious default and both must be reported accurately to stay.
What is a deficiency balance after a repo?
A deficiency balance is what remains of your loan after the lender auctions the vehicle and applies the sale proceeds. That balance often gets sold to collectors, and a deficiency that ignores the auction credit or double-reports the debt is disputable.
Can I get a car loan after a repossession?
Getting a car loan after a repossession is possible but expensive while the repo weighs on your file. Cleaning up inaccurate or unverifiable entries tied to the repo, and rebuilding payment history, is what moves approval odds and rates back in your favor.
See exactly what's on your report. Free.
I pull all three bureaus, map every negative item, and walk you through what can be disputed. One call. No paperwork on your end. No commitment required.
- All three bureaus reviewed together
- Every negative item mapped and explained
- Zero pressure, zero obligation
Free, no obligation
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Submitting this form is not a contract. Results not typical; individual results vary.