01-27-2009 05:44 AM
Hi, I filed for Bankruptcy in October of 2005 and discharged all my credit cards, however I am currently paying on a car loan that was also included in Bankruptcy! My lawyer told me I had to include it! I have asked the company to report that this is being paid! They said that they cannot do this that Federal Laws prevent them from doing this. Trans Union has stated that I am currently paying as agreed on their reports but Experian and Equifax do not! What are my options when I get done paying for the loan. I want the loan to be reported that I paid it in full which I intend to do! Is the car loan company obligated to send me a letter saying that I paid off the loan or am I out of luck on this!
Thanks Terry G
01-28-2009 04:18 PM
There are a couple of ways, one is through the dispute option in the particular credit report. That also shows up when you buy the report/score from myFICO. That is the one I am most familiar with. There are also firms that specialize in disputing credit reports.
I hope this helps.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO