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Posted in Auto Loans
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How long do vehicle repossessions remain on your credit report? Please read the additional details.
I had a vehicle which was going to be repossessed by the financial institution which I had the loan. I allowed them to take possession of the vehicle. Is this considered a repossession? It also states on the my credit report from my financial institution is charged off as bad debt Profit and loss write-off. In time will this drop off my credit report?

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