Hi, new to the forum, thank you to all of you for so much information.
I have a repo on my reports from Santander USA. I have a question regarding how it is being reported on my reports (all 3 big ones). It does not show up as a collection account. It shows up as so (attached image). It shows a balance that seems to be increasing. I have received no attempts to collect either by phone or mail. I do not remember receiving anything from them after I picked up my belongings when the car was repo'd. Any ideas if I should try to negotiate a settlement or leave as is until its scheduled fall off date of 2020? My scores right now have rebounded about 60 points each as some public records no longer appear, so I am at 575 across the board and I was just approved for a small line of credit which I will use wisely to raise my scores. After going to cash for everything, I only have this account and my current Auto payment account on my report - nothing else! Crazy after all these years.