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Posted in Auto Loans
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Capri8Man

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If I pay what I owed to get car out of repossession does it stay on my credit report?
My care was repossessed and I paid the arrears amount and now everything is current, will that stay on my report, or since everything is fine now, will it come off the report?

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Unfortunately any negative informations with-in that particular account will remain on your credit report for up to 7 years, regardless if it's been made whole, bring up to current or paid and closed.

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