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Repossess – The voluntary or pressured surrender of items in the case of a shopper’s failure to pay again a loan.
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Cost off – This can be a bank card financial debt or loan which happens to be penned off as being uncollectible from a borrower. This from time to time is the situation in the event the loan continues to be offered or presented the credit card debt to some assortment company. This credit card debt stays collectable.
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