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Yes, if the lending agreement was in default and the lender found it necessary to implement collection or repossession action at their expense. The majority of financial contracts contain clauses allowing the lender to charge the borrower additional fees and penalties for, late or missed payments, collection or repossession costs, and so forth.

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Q: Can the bank or the repossession company charge a fee if the car was never recovered by them and the loan was paid off?
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