answersLogoWhite

0

Until they find it. If it is charged off on your credit report then the creditor sold the note to a collection agency who will hire a repo-man to track down the car so they can recover it and sell it to make the money back that they paid to creditor for it.

User Avatar

Wiki User

17y ago

What else can I help you with?

Related Questions

Who is charged for misusing credit cards?

People who misuse credit cards are charged for misusing credit cards.


Does it matter what was charged on my credit card and when it was charged?

Yes.


What is the journal entry to correct a payment of a bill which was paid to another vendor in error?

[Debit] Correct Vendor [Credit] Wrong Vendor Only Vendor accounts will be adjusted as cash or bank account is already charged correctly.


What future implacations does a charged out credit card balance have and what does charged out mean?

Charged out means you cant charge any more on your card, & the furer implications it will have is it will slowly make your credit bad credit till you pay your credit card off where their is no more out standing balanc.


What is the average credit score in California?

Average credit score in California is 672


Has Expedia charged my credit card for the booking?

To find out if Expedia has charged your credit card for the booking, you can check your credit card statement online or contact Expedia's customer service for confirmation.


Can a credit card company reopen a charged off account?

No, a credit card company will not reopen a charged off account. They may choose to grant you a new line of credit, but this would be rare.


Thomas charged 2400 on his credit card to buy furniture the interest rate charged by the credit card company is 24.9 percent after one mon?

2399.80


What is the maximum amount that can be charged on a credit card at one time?

The maximum amount that can be charged on a credit card at one time is determined by the credit limit set by the credit card issuer. This limit varies depending on the individual's creditworthiness and financial situation.


What is retail interest charged by credit card?

Usury


Can you get charged by printing?

You could if you take it and credit yourself.


Why did I not get credit of 50.00 overcharge for fv dollars?

I was charged $50.00 and $50.00 the same time? Where do I get a credit?