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tabathad

Car Repo now showing as charged off and last payment 4 years later

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I've been working really hard to repair my credit, but in 2008 I stupidly cosigned on a car loan through Citi. They repo'd the car (I was never notified the payments were late or missed) July 4th, 2010. Sometime between the repo and selling of the car at auction, they also sold the loan to evil Santander. That's where my problem is now... I want to trade in my current vehicle, but I'm getting shot back at 18% because in August 2014 they charged the account off. My current loan is at 8.99 and nothing else has changed.

 

It looks like the below - can they charge it off over 4 years after repoing it - and report that as a last payment? Should I dispute?

 

Santander opened 10/2009

Balance $0

Date Updated 8/2010

Last Payment made 07/2014

Status - charged off

date closed - 8/2010

 

date to be removed - 03/2017

 

It only lists 10/2009 - 07/2010 on TU and they all say OK!

 

EQ and EX have all of the months from the repo until now as late

 

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Date Updated 8/2010

 

Last Payment made 07/2014

 

Status - charged off

 

date closed - 8/2010

 

The reporting is contradictory.

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So pulled up EX to look at that again, and it's actually reporting correctly I think. So the only thing that changed between my last auto loan in 2013 and now, is that it's reported as closed as of 8/2014. Does that make that big of a difference?

 

2useb04.jpg

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Follow up question - I'm going to start the WhyChat process asap, but it says I need the VIN#. I've lost all paperwork I've had on this since we've moved several times. Anyone have any ideas on how to locate that info?

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Thanks - I'll try the DMV first. We've switched insurance companies since then, and I cannot remember who we used when he had the car (I kept the insurance on it since I was on the title).

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Update - in the midst of all the cleaning up of this repo, they finally got an approval from Gateway One. Our payment went down a few dollars and we walked out 100% financed at the price the car retails for, and the apr is 11.49%. Now to work hard on this so I can refinance at some point :)

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