They don't want the car back, what are my options?
The listing of the item on your reports as a repo is not technically accurate, since the vehicle was never repossessed. So, you can dispute that on your reports and maybe it will drop off. On the other hand, maybe they put it out for a repo a long time ago, never found it, and today it is not worth the trouble of taking it back? Submit your dispute, and see what happens.
Dispute entry with the 3 major credit bureaus, Equifax, Transunion and Experian. All information reported must be 100% accurate. Ask them if they will give you the pink slip. Maybe you can negotiate a settlement with them.
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If you want title to the car then you may want to call them and work out a payment option to payoff any remaining balance. Maybe while you are doing that you can ask them to fix how they are reporting the repo information to the credit reporting agencies. They may report it differently or work towards fixing that if they see you are willing to payoff the remaining balance of the loan, assuming you still have a loan balance with them. I hope this helps.
Please note: I am a licensed attorney in California. This response is intended only as general commentary. This response is not legal advice and does not create an attorney client relationship.
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