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Showing results for tags 'installment'.
Found 3 results
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OK, have a late from December 2008 on a car loan. Account was paid in full and closed in February 2009. Was 54 month loan. Late only shows on TU and was only late on account. Have tried numerous goodwill attempts with no success. TU says it will fall off November 2015. When that date comes, will it become a positive account and remain on the report for 3 more years until it hits the 10-year limit, or will the entire trade-line drop off? As the late is 6 years old, my thinking was that trying to get the late removed with a dispute might cost me the trade-line if it just gets deleted instead of updated, which would hurt my AAOA more than a 6 year old late is hurting my score as the account dates back to 2004. Am I correct in that thinking?
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Hello all, I'm seeking any real-world, first-hand experiences with adding a Prosper or Lending Club tradeline to your credit report. What was the FICO impact - if any? In theory, since it's an installment loan, should have minimal impact (other than AAOA). But, I've been surprised before... hopefully it's not considered a "finance company" loan...? Would love to hear some actual experiences - did you get any immediate FICO movement as soon as the P2P tradeline posted? Thank you CB! -
I know my avatar says that I'm a new member here, I have been a member for over 6 years but there was a long period that I didn't access my account and I couldn't recover the login. That said I'm having a problem with a baddie from Car Financial Services. They are reporting that I was charged off but what really happened was that they forgave the debt! I have paperwork from the IRS where they reported the forgivness of the outstanding amout and the IRS made me pay additional taxes because this load forgivness is considered INCOME!! I have already disputed the entry but it was verified in 2 days (done online) can someone help me with the next step? Should I just dig out all me tax paperwork and redispute the entry with additional information? Keith
