Jump to content
8 replies to this topic
Posted 17 December 2012 - 04:49 PM
If you have your car possesed because you can not make the repayments, is it likely that you will have a 'black mark' against your credit rating?
Posted 17 December 2012 - 05:03 PM
Yes, here is some info https://www.moneysmart.gov.au/borrowing-and...ily-and-friends
Posted 17 December 2012 - 05:09 PM
A mark against your credit does not always happen. Its up to the creditor to do it. I have known of the following scenarios where NO note was made on the credit file:
- car repossessed and person made arrears payments and got the car back
- car repossessed and car was sold
- car repossessed and car was sold with a shortfall, arrangement made to repay the shortfall
As a guarantor the creditors discretion on making a listing against credit file again applies.
The easiest thing to do is obtain a free credit report from the 2 primary listing sources - Veda & Dun and Bradstreet. It will take up to 10 working days to receive but it will give you the final answer on whether your credit report has been effected or not.
Posted 17 December 2012 - 05:28 PM
with the Veda one, you can request a copy for free in writing and that will take up to ten days, or you can request it online for $50 and you will get it the next business day. or for an extra $10 you can sign up for my Veda alert service which gives you a copy of your credit.file plus also will advise you of any activity on your credit file for 12 months.
you get it at www.mycreditfile.com.au
1 user(s) are reading this topic
0 members, 1 guests, 0 anonymous users
Two young boys have been rushed to hospital after falling out a second-storey window of a home in Eastwood.
Vote for your favourite pregnancy, baby and toddler products for your chance to win your share of $2500 in cash prizes.
Thousands of same-sex couples with children will have the right to be jointly recognised as parents by Victorian law.
Cutest snap find on the planet - bee rompers, tees and dresses for babies.
A two-year-old girl who disappeared on Friday night from her great-grandparents' home in rural Ohio was found alive Sunday evening in a nearby field.
The transition from cot to big kid bed might be a little easier if every toddler had a bed like this one.
Woolworths appears to have taken the upper hand in its price battle with Coles after investing millions of dollars lowering the cost of groceries, according to new figures.
Parents say Australian babies are being "kept captive" and cannot come home after a ban on commercial surrogacy in Nepal.
If virgin women can become mothers through IVF, maybe we're ready for another miracle - genuine equality for men in the parenting debate.
What I once assumed about health and fitness is wrong.
I have two children: one living, the next an angel baby.
Planning a wedding can be stressful – and, as most newlyweds can attest, it can be very costly, too.
They had just decided on a name they both agreed on, but then the grandparents threw in an offer of $10,000 in exchange for choosing something else.
After 17 years of trying, this man had given up hope of having a family.
Actress Claire Danes found it difficult pretending to have postnatal depression in Homeland, as she had just become a new mother herself.
It's a heart-warming photo this family will treasure forever.
While every woman's breastfeeding journey is different, many hurdles are shared. Knowing what to expect will enable you to make informed decisions if - or when - you meet challenges along the way.
We do love ourselves some brand new designs in tried and true products. The renowned bamboo dinnerware from Love Mae has just had several more members join the family, in addition to a brand new website.
A mother-of-five who killed a paedophile has had her jail sentence reduced by a judge who described her case as a "truly exceptional" one.
We just spotted Geleeo, a brand new self-cooling pram liner you can buy in time for summer.
He might not utter a single word - but this toddler is having a great debate with his mother about nap time.
Top 5 Articles
Fashion designer Stella McCartney has honoured her late mum, Linda McCartney, by designing a special bra for post-mastectomy patients.
Mark Harris has helped deliver 500 babies. And he's now telling fathers what to expect.
Being a calm parent takes a lot of work, sometimes more than is obvious to those around us.
It's cool, kind of like a second childhood. I love him to bits and think, on average, I'm an okay dad. But I also want to talk about the other stuff.
He may have only lived for 100 minutes, but that didn't stop baby Teddy from saving the lives of others.
A haunting reminder to stay mindful about babies in cars, especially as we approach summer.
Tongue-tie can cause feeding problems. However once it is diagnosed, the condition can be easily treated.
Some people move frequently, while others like to stay put. But everyone finds it stressful.
The birth of her first child should have been happiest of times for Campsie mother Phuong Cao, but friends say it marked the beginning of when her life began to unravel.
It was an experiment doomed to failure - they were looking for male cells in female bodies. And their search was stunningly successful.
A gorgeous photo series shows babies in the first hours after their birth - as they were positioned in the womb.
We don't know what he's saying, but this baby has a very clear message for his bulldog pal: let's walk - NOW.
Without a doubt, one of the best gifts for a toddler turning two or three is a play kitchen.
With a few simple tips you can take your images from random happy snaps to lovely clean images that create beautiful lasting memories.
The Essential Baby Awards are on now, and we need your help! Have your say on your top picks and you'll go in the draw to win a share of $2500.