What does the letters Kiss stand for in the rock group? According to Paul Stanley, Kiss just sounded dangerous (kiss of death) and sexy at the same time. Kiss denies the rumors that the name stands for Knights In Satans Service o â¦ r the saying Keep It Simple Stupid.
The default will stay on your credit report for six years from the default date, so it should disappear sometime during 2012. While lenders tend to concentrate on your most recent credit history when assessing new credit applications, a four-year-old default might still cause you problems.
In all, a repo could cause a 100-point drop in your credit score, Sanford says. And late payments, collections and public records generally all stay on your credit for about seven years, according to myFICO.com. You can stop a repo.