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This will depend on the state laws where the car loan was made.

You mention repossess, was the car in your possession while the loan was active or was it being held at their property.

The reason I ask is since most Pawnshops are required by law to hold the item, whereas another business, Title Loans are not required to hold the vehicle.

Either way, you should have been provided with a contract that would show when the default date is/was.

Also in most States both of these businesses are regulated by state laws and would have to abide by these limits.

Phil

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17y ago

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