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Old lease reporting 60 days late some months, paid other months

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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

 

 

 

 

 

 

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4 hours ago, MarvBear said:

What does the ECOA status field show for each respective CRA?

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?

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The Equal Credit Opportunity Status field.    ECOA.   It is an alpha numeric field.  What are those two characters on your credit file(s)? The numeric part is what I am looking to have you tell us.

 

I should ad that it is easier to determine on an Equifax report.

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