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What do you do with a charged off car loan?


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Answered 2010-12-18 14:34:13

There is dialouge that indicates how you should contact the creditor that has charged off the account, and indicate that you wish to settle the debt, though charged off, in exchange for a written promise to correct your credit report. There is even a form letter you can modify for your own use.

AnswerYou can contact a debt consolidation agency that would deal with your creditors on your behalf.
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