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LetsFixTheProblems

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  1. I am not sure what to look for to answer your question here. I tried a few searches. Which field am I looking for on here?
  2. Hi, Opened a 36 month lease back in the second half of 2014 Payments were $1250/mo + tax Had a ton of problems with the Vehicle Towards the end of 2016 I got a little behind and they allowed me to defer 3 months of payments until the end of the lease ($3,750) Early 2017 I got late again and they came and repossessed the vehicle I sent a wire transfer to get the vehicle back, which took a couple of weeks longer than expected - it got lost and shipped out of state by mistake I got the vehicle back, and then gave it back to them at the end of the lease term My last statement (Mid 2017) I have says Base payment $3,750 (the 3 months that were deferred) + Previous months lease due $1250 = $5000 + tax + late fee My credit report shows Scheduled payment of $5000 + tax + late fees - the payment status AFTER returning the car and with a final balance due some months OK, then 30 days then 60, 60, 60, 60. It never goes to any sort of 60,90,120, charge-off state Questions Does this make it look like I still have this vehicle that is $5000/mo and 2 months past due Will this continue to extend how long it stays on my credit report for? Shouldn't this lease have reported 30, 60, 90, 120, CO? I have NOT made any additional payments since 2017 I believe the inaccurate information here has cost me money and will continue to do so. What should the next steps be? (Lawyer, Dispute, Call the Leasing Company?- still within the statute of limitations) Thank You
  3. I have a credit card that went past due and was charge off back in 2016. Long story short it went to the collection agencies and I was able to negotiate a settlement. I made the payments on the settlement agreement to the collection agency, and have a letter saying they received my final payment. I received a 1099-C from the original creditor for this. On all three credit reports there are no collections, the original creditor is reporting that the account is charged off and that the balance is still there. The credit report says it has not been updated since 2016, last payment in 2016, and that it is scheduled to appear on my credit report until 2023. Primary objective would be to just have this entire trade line removed, correct? Secondarily, since the balance and limit are equal it shows 100% utilization, which I think is bringing down my credit score, correct? What would be the best way to handle this old account that is charged off, paid in a settlement, but still has a balance reporting on my credit report? Thanks in advance, and please let me know if there is anything else you need from me to help with selecting the most approrpaite strategy.

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