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  1. I agree with the advice you've been given. That said i'll share a couple points from my experience since I had no choice but to pay off a Carvana loan and buy another car after 9 months myself. 1. The extended warranty can be cancelled and you get a prorated refund. They say it takes 4-6 weeks for the refund but I got mine (credited to the loan) in about 2 weeks. 2. In many states if you trade a car in or replace a car you can receive a credit for the sales tax. Since that was a point of emphasis in some replies I thought I would mention that. I think it really depends on the state and in my case my car was totaled due to another driver running a stop sign and I had to recover the sales tax from my insurance after buying a replacement. From there I found out that also applies to trade-ins depending on the state. But I think you have to actually trade it in (which I assume means taking less than a private sale in most cases which might wipe out the tax savings).
  2. On the issue of bi-weekly (26 checks per year) pay cycle, if anything I find that helpful. A lot of my co-workers and others basically budget on twice a month pay, paying 1/2 "bills" from each check and either getting "ahead" on every bill by some point in year and/or having 2 "extra" checks and avoiding debt and getting behind on anything. I worked a lot of restaurant and retail type jobs that paid weekly when I was younger and then sort of skipped any traditional "professional" employment. So that was the norm for me. Then when I started running my own payroll I have always paid myself monthly.
  3. True. I wondered why a local antiques dealer was calling me on behalf of the IRS.
  4. Experian says different. So tell me, oh wise one, what percentages if any mean anything at all? 0% Nothing. 99% Nothing. Nothing means anything, we just deal with random numbers here.
  5. I'm assuming this has something to do with why my private US Bank loan is no longer serviced by Great Lakes (I was very happy with them) and has been transferred to Firstmark (which won't let me register for online access when I have a payment due), but I don't get it. I've had several student loan servicers and the only one that's caused any issues is Navient and that seems to be a common experience.
  6. YMMV, I had some go for as low as 20% less than a year after default and others stick at 55-60% or so and go through with suits when I had no income or assets. I was able to settle most for 20-40% and some of these were at their request. This was a long time ago, though. I am not sure what the current settlement environment is like except for old judgments.
  7. I have been browsing Carvana and did the pre-approval thing. Said I was conditionally approved for 45 days and lets me "build my deal" for all the cars. Looks like I can finance any car they sell as long as my down payment is sufficient. While the rate is better than expected, I think I can get it down a few more points easily if I wait a bit. All of my info from the pre-approval such as my income is easily documented. Mentioned it to my friend as he's looking for a car. He has a paid off car he bought new through manufacturer several years ago at very high rate (in the 20s). He shares that with his (likely soon to be ex) wife and needs his own car. Based on his score and stated income, Carvana has him in the single digits. Possible issue is that all of his personal income is from self-employment and not well-documented. What is the final approval like for them, as far as income documentation, employment verification, etc?
  8. That is not a "slight" increase! Fair enough. I characterized it that way since it was still under 30% and in actual dollars pretty small since debt really didn't go up, just a function of reporting timing. Any way I was just trying to list any factors besides the updates/non-deletes.
  9. While TU was easy to get 14 things removed, it seems like Experian isn't budging. I have 3 updates/notifications and so far they are just updated and not deleted. While TU score increased 20ish points, in the same time frame Experian increased 40 points (most likely due to utilization from 60% down to 17%) and then decreased back down all the way after 3 updated collections and slight 17% to 29% utilization increase. I guess worst case most of these things will fall off in the next 4 months regardless.
  10. The "in writing" advice stands for anything that may require proof later for a lawsuit, regulatory complaint, etc. For an early obsolete dispute you are basically asking the CRA for a favor. No one should expect to sue if you ask for a favor and the answer is no. Of course. I guess it was more that "don't use the phone" goes along well with my general life policies, as I really don't in general. I like having things in writing, whether it's something that opens me up to more hassle or not. I have a record of what was requested and the results, that are not subject to verbal argument.
  11. I did it online. I never use the phone, and this was the common sentiment back when I joined the forum. Now I see everyone is "just call and ask." I'm all about doing things in writing, but now with the online options that's what I went for. Plus, I was trying to experiment and get another data point, since everyone else was calling. On Transunion all I did was select the too old option for all the soon to be obsolete ones, with no further info. Did it on 3/15. 13 too olds and 1 collection I disputed for other reasons. Said expected completion by 4/15. I kept checking back and for 2 weeks it said status 13/14 complete but info would not come until full investigation was done. Got an email w/ results today. Also tried Experian online, but they don't give a too old option. I did "other" and then in further info said they were too old based on dates of action.
  12. You are missing an important bit of info here. It might be the writer's fault, though (I read this story previously and did not re-read it now). The whole way a lot of these Buy Here pay Here or We Finance Everyone places work is: They don't just charge a high rate, they actually raise the sales price of the car to make the deal "work." If you come across online listings you will see a lot of disclaimers that the price quoted is only for cash and that the price required for financing approval will vary. A notorious place in my area pretty much takes $4000 (if that) cars, sells them for $12,000, THEN adds the highest rate they can get away with. People do it because they don't think there is any other way to get a car. I'm sure the price he was quoted for cash and the actual price charged for the car before interest were several thousand dollars different.
  13. Just wanted to update that I went 14/14 for deletions on TU. 13 were "too old" obsoletes that were scheduled to drop from 6/18-9/18 On Experian I have 1 update so far, and they only updated one that is supposed to drop 8/18 without deleting it.
  14. Has anyone tried Experian online? They don't have an option for obsolete/too old. I'm still waiting for my Transunion results because I made the mistake of including 1 account with a different reason and guess I have to wait for all of them to be investigated to find out about any.

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