Jump to content

ncs09

I need advice on repossessions

Recommended Posts

My DW has 2 repossessions on her following reports:

 

1. Experian only (TU was DELETED from our disputes in May 2016)

CAG Acceptance Date Opened: 09/2012 Date of Status: 06/2016 First Reported: 10/2012

Recent balance $6,745 as of 06/27/2016 On Record until 06/2020

 

2. Experian & Equifax

Wells Fargo Dealer Svc Date Opened: 04/2010 Date of Status: 06/2012 First Reported: 06/2012

Recent balance $6,732 as of 6/30/2016 On Record until 09/2018

 

These are from her previous marriage.

 

Our 1st question is on the 2nd (Wells Fargo) account, we have previous reports that show First Reported on 05/2012 instead of 06/2012... should we dispute this item?

 

Next question is, does anyone have any suggestions as to our next step for disputes?

We have disputed with each of the CRA and Creditors on several occasions....

 

Any assistance would be appreciated.

 

Thanks in advance.

Share this post


Link to post
Share on other sites

At this point are you wanting to dispute for the sake of disputing? It sounds like they are both valid accounts that you already disputed and came back as verified. The first reported date could have been updated correctly during your last dispute. If you continue to dispute without any valid reason both Experian and Equifax will notate as frivolous and just ignore them.

 

Is your goal to have clean reports or simply raise her scores? The later can be done to a limit by adding new positive trade-lines and not just getting hung up of the negatives.

Share this post


Link to post
Share on other sites

Our goal is to improve her scores and clean her reports. Is it normal for creditors to change the 'First Report Date' after a dispute, the 'First Report Date' on previous reports were an earlier date and year, now her current reports are showing a later date and year for 'First Report Date'.

Share this post


Link to post
Share on other sites

Where are you getting the first report date from? The CRAs? That could be them saying the date it was first reported on their end. Date opened and date of first delinquency or the dates that matter. Have they changed either of those two?

Share this post


Link to post
Share on other sites

have you checked Why Chats credit confusion? there's a significant amount of information regarding repossession of real property, and state specifics.

Share this post


Link to post
Share on other sites

Yes, on Experian reports the First Report Date has changed, the Date Opened is still the same

Share this post


Link to post
Share on other sites

I need help, I co-sign for my ex for a car and after we broke up a shortly moved to TX and the car was repo and I had no knowledge of it till 2 years later I applied for something and was declined. I got my report and saw it and I called to discuss about it and no one could tell me anything. I finally reached out to the creditor and explain that I knew nothing about this and nothing was send to me about this issue and they said they send me mail which I asked where was the address they was sending it too and it was being send to TX which I never lived nor did I ever lived with my ex. I got it removed from EQ and TU but EX is not deleting because the company keeps saying it verified. I have a credit company disputing it for me at the moment but are there any advice for me what should I do?  

Share this post


Link to post
Share on other sites
Quote

 I have a credit company disputing it for me at the moment but are there any advice for me what should I do?  

Fire the CRO you are using.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.





  • Today's Birthdays

    No users celebrating today.
  • Member Statistics

    • Total Members
      177,629
    • Most Online
      1,528

    Newest Member
    HankHome1016
    Joined

About Us

Since 2003, creditboards.com has helped thousands of people repair their credit, force abusive collection agents to follow the law, ensure proper reporting by credit reporting agencies, and provided financial education to help avoid the pitfalls that can lead to negative tradelines.
×
×
  • Create New...

Important Information

Guidelines