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How long does an auto repossesion stay on your credit report?

An auto repossession can remain on your credit report for up to seven years from the date of the first missed payment that led to the repossession. This negative item can significantly impact your credit score and make it difficult to obtain credit or loans in the future. It is essential to promptly address a repossession and explore options for resolving the debt and getting the repossession removed from your credit report.