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Posted in Auto Loans
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Question By
Cdbtric

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car loan paid off cuz of totaled accident lender reports as repossession
I was 90 days late on car payment, lender impounded car and reported as repossession but I paid ALL monies owed 2 days later and paid all remaining pmts and ins co paid off lender as car was totaled 1 month before loan term ended. I have letter from ins co stating the balance was paid off but lender still reports loan as repossessed! How do I remove incorrect info on credit report?

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showing as a repossession

My account with prestige was a car loan. The car was totaled 

Reply by
C148

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My car loan with Prestige is showing up on my credit as re-possesssion. It was totaled in a car accident and the insurance paid off the majority of the balance instead the enire balance. How can I change the status.

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