Can a charged off auto loan still be reported with balance due and accrue finance charges on credit report?

Yes, a charged-off auto loan can still be reported with a balance due and accrue finance charges on your credit report. Even though the lender has written off the debt as a loss, it can still be reported to the credit bureaus as a collection account. This can negatively impact your credit score and make it more difficult to obtain credit in the future.

If you have a charged-off auto loan, it's important to take steps to resolve the debt. You may be able to negotiate a settlement with the lender or pay the debt in full. If you're unable to do either, you may want to consider filing for bankruptcy.

Bankruptcy can discharge your debts, including charged-off auto loans. However, bankruptcy can also have a negative impact on your credit score. It's important to weigh the pros and cons of bankruptcy before making a decision.

If you're struggling with debt, there are resources available to help you. You can contact a credit counseling agency or a debt settlement company. These organizations can provide you with advice and guidance on how to resolve your debts.