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Any repossession will appear on a credit report, voluntary or not. Where it makes a difference is when the potential new lender calls the original lender and finds out the situation. Lenders don't like vehicles being turned in, but it's like paying taxes, even though it is not what is desired, it happens. Calling them won't necessarily make them mad but be ready for them to try to talk you into keeping the vehicle.

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19y ago

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