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If you can't pay anymore, the lender has the right to repo. The repo will be reflected on your credit report just like everything else. It will stay on their just as long as everything else. If it is auctioned, the lender has the right to charge you and seek judgment on the difference that the car sold for vs. what you owe them. So yes you will be hounded for the difference plus any costs to repo, ship, auction, paperwork, etc.

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13y ago

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