https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-drop-after-paying-reposition/m-p/5064918#M250622 <P>I recently paid off a car repossession I had back in 11/1/2013 in notes it said "Unpaid balance reported as a loss " there was also a closed date of 8/31/14. Once I paid the unpaid balance of 6900, My credit score went down 16 points, WHY?</P> Sun, 08 Oct 2017 14:03:52 GMT Anonymous 2017-10-08T14:03:52Z https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-drop-after-paying-reposition/m-p/5064918#M250622 <P>I recently paid off a car repossession I had back in 11/1/2013 in notes it said "Unpaid balance reported as a loss " there was also a closed date of 8/31/14. Once I paid the unpaid balance of 6900, My credit score went down 16 points, WHY?</P> Sun, 08 Oct 2017 14:03:52 GMT https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-drop-after-paying-reposition/m-p/5064918#M250622 Anonymous 2017-10-08T14:03:52Z