How long does a car repo stay on your credit?
When I was 20, I got my first car. I wasn't responsible, and it ended up getting repossessed. I'm 24 now and much more financially stable. I'd like to get another car, but I'm not sure if I'd qualify for a loan. How long does a repo stay on your credit?
- You’ve worked to improve your credit score over the last four years
- You have a steady income
- You’ve remained current on your other accounts for the last four years