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Linx04

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About Linx04

  • Rank
    CB Resident Spelling Bee Loser
  • Birthday 09/13/1978

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  • Location
    Hiding in the land of do it yourself!
  • Interests
    Reading Case Law, Sprinklers, Owl watching and anything Owls, Gardening.

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  1. The way Marv explained it makes sense. I am 99% sure that he is correct!
  2. That is exactly what happened Marv. The first payment was due 45 days later. We didn’t ask for that, they just said “it’s due 45 days from now”. The CU actually sent them a check for about $600 more than we financed. That was 13 days ago. Of course Tidewater says that they haven’t received it yet.
  3. If you read the post, GAP was REQUIRED for financing. So yes, of course it was rolled into the loan. Otherwise, there would have been no loan according to the lender. Further, not everyone has a choice and must use a “third tier toilet” as you put it. Nevertheless, that third tier toilet was thrown to the curb 3 months later. And, notwithstanding, no other options were available to SO at said time. Which brings me full circle to my original post. Lastly, paying more than the “minimum due” would not have negated the fact that they still claim that MORE IS OWED than what was financed originally. With a simple interest loan, with all payments made on time, this should not be an issue, yet I digress. If I were to use your logic, one should just throw more money than is owed because of shady lenders, but most likely be out that money. If people had other options, didn’t make mistakes in the past and could pay more than a minimum due, then this board would not be here.
  4. Hi all. My SO and I are having an issue with Tidewater Finance. SO purchased a car on 4/28/18 and it was financed through Tidewater. We made the three payments that were due every month. Just recently SO refinanced the auto loan through her credit union at a MUCH MUCH better rate. Tidewater is saying that the payoff is $462.00 more than we financed! The three payments that we made were $489.00 each. And it is a simple interest loan. Plus she was required to get GAP for them to finance the loan. Ally won’t refund it until Tidewater says that they are paid in full. Which ally said is about 8 weeks. But if we financed let’s say $18500 and they are saying that the payoff is $18950, yet me made the payments ON TIME. How in the world can we owe more than what was financed? Ive requested account history etc... They keep stonewalling and saying that it is what it is. But something isn’t right...
  5. I kept getting sued by an OC who was the lender for a car I was the co-signer on that got repoed years ago. They sued me THREE times and I fought them off each and every time. Finally in the mail one day I got a 1099 and three days later the trade-line was deleted from all my CR's
  6. I am proactive too. If they didn't send you an original notice then they goofed. I'd poke the bear too. But please make sure you read the FCRA Marv, you know I am like a case law / statute dictionary on these things in the 6th at least!
  7. Linx04

    Reinsertion

    Yes, I would DV them CMRRR
  8. I usually pick apart the trade line and dispute nearly everything I can on it. My letters to the CRA's when it comes to disputing can be very long and detailed. But then again I sue the CRA's yearly usually, so I always want a large paper trail.
  9. Linx04

    Reinsertion

    As others have said, that is not re-insertion. You will need to send a new letter to the new CA.
  10. I would dispute it with AFNI and send them a letter demanding validation and letting them know that you have never had such an account.
  11. Since you say Midland and Portfolio, I would assume they have purchased these accounts. Therefore, I would proceed with paying as little as possible if anything, and do not pay a dime unless they remove the trade-line.
  12. Most will say to wait. I on the other hand and very proactive and do not mind poking the bear. I would wait for others to chime in.
  13. It took me over 30 days to get mine. It just came on Monday, and I still have not gone through all of it yet. There is a slew of inaccurate information in there, and it is 127 pages long.
  14. Thank you for the information. They are reporting that it will stay on record until August 2017. I am sure it should not be that late, but I don't have any proof because it is a long time ago. I am just surprised that it caused that big of a drop for one old collection. As long as there isn't any AA before that I will wait and see the dispute results. He wasn't planning on applying for anything new for a while and hopefully it will come off with the dispute. I am going to make sure his cards never report with any balance for a month or two. I really appreciate the information and help everyone has given. I was very, very panicked last night. It helps a lot to get some help here. If you are positive, I would send them a letter informing them of their FDCPA, FCRA and other state violations for re-aging. It is not up to YOU to prove anything, it us the law that THEY do.

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