No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
does this mean that I'm going to end up with a new trade line on my CR or will the current TL just be changed from Citi to Santander? I am going to be heated if I end up getting dinged with a brand new account because of this.
Man....Santander is popping up everywhere. I had a loan with HSBC and I guess it was sold to Santander. Some weird stuff happened during this process, Santander showed my account as new, paid off, and a 30 day late. But I still owed on my car (GO FIGURE). I thought someone had paid my car off for me . Then another tradeline popped up as HCBC/SCUSA showing "paid as agreed."
Had to call them because two accounts were showing for same account, and one was showing a 30 day late, and closed. I had never been late. The rep researched my account and stated that my account has never showed a late payment. She told me to dispute the other account listed under their name which was paid in full, and closed.
I hope I'm not confusing you. Long story short, they showed two accounts for the same loan. One is reporting positive, while the other one reports negative. I will see if they delete the negative item.
that's scary. So is the TL that is not the incorrect one showing as a new account? I really don't want any new accounts right now and am going to be royally pissed if that's what happens when this sort of thing happens.
It should just change lenders, but your terms should stay the same... And they are popping up everywhere. They just bought up all the HSBC auto loans too.
@Anonymous wrote:It should just change lenders, but your terms should stay the same... And they are popping up everywhere. They just bought up all the HSBC auto loans too.
My HSBC auto loan was sold to Santander. There was a new tradeline opened that states HSBC/SCUSA. It lists the same data, but starts from the date of conversion, I think it has 3-2010, instead of 5-2008 when I opened the original loan. The HSBC account shows 0, paid, due to transfer. Everything is the same, terms, payment amt, etc.
so if you had a repo with citi and now that Santander has bought it, does that mean they could sue you if there was a deficiency balance?