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Can a loan be listed as a repo if car was never taken? Car sold by me, loan was to be made personal.
My car bit the big one and I managed to find a buyer for the majority of what was due on the loan. The buyer and I went down to the bank. He bought the car (with the approval of the bank - and took the title) They were to convert my loan to a personal loan. I am delinquent on this account and I just found that the bank has listed it as a repossession on my credit.... can they do this?

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