What causes obesity? When you take in more calories than you burn off, you gain weight. How you eat, how active you are, and other things affect how your body uses calories and whether you gain weight. If your family members are obese, you may have inherited a tendency to gain weight. And your family also helps form your eating and lifestyle habits, which can lead to obesity. Also, our busy lives make it harder to plan and cook healthy meals.
Obviously, it would be best to catch up on the debt and keep the car. However, a repossession might be unavoidable. Itâs not the end of the world, though. The repossession will be deleted from your credit report seven years from the original delinquency date of the original auto loan. The repossession will have a negative impact on your credit report throughout the seven year period. However, the further in the past in occurred, the less negative that impact will be. You can also reduce the effect on your credit scores by making sure you manage your other credit obligations well.
How Long Does A Repo Stay On Your Credit. There is a little confusion and some conflicting guidance on how long does a repo stay on your credit. Defaulting on a loan, having a car repossessed, or making a late payment all stay on your credit reports for the same amount of time when the borrower reports them. All negative marks including repo (except a bankruptcy) stays on your credit report for seven years. A bankruptcy stays on your credit file for ten years. Repossessions also have a much more severe impact on your credit score than just missing a payment or paying late.