How many points will my credit score drop with a repo?

Answer On One Hand: Probably 100 or SoAccording to, a repossession on your credit reports brings your score down by about 100 points. Repossessions are one of the worst things you can have on yo... Read More »

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How Much Does Your Credit Drop For a Car Repo?

Many people purchasing a car choose not to pay for the vehicle in one lump sum. Instead, the buyer finances his purchase by taking out a loan, using the vehicle as collateral. If the borrower fails... Read More »

Will canceling credit cards with high available credit hurt my credit score?

Closing a credit card with a high available credit limit will lower your available credit, as well as remove some of your credit history. Typically, it does lower a borrower's credit score, althoug... Read More »

How many points do you lose on your credit score after a foreclosure?

A foreclosure will typically cause your credit score to drop anywhere from 200 to 300 points. After seven years, the credit bureaus will remove the foreclosure from your credit report, and it will ... Read More »

How much does your credit score drop with a foreclosure?

The damage your credit takes after a foreclosure depends upon how high your credit rating was prior to losing your home. The higher your credit rating was prior to the foreclosure, the more credit ... Read More »