This is kind of interesting.
We are currently looking to re-fi the house and in the course of this, I have pulled my 3 CR's.
With the exception of Equifax, most everything is reporting correctly which is a good thing.
With Equifax, they are still showing a car loan open that:
Original loan: $58k (BMW)
Monthly: $806.00
Opened: 04/2004
Paid: 07/2005 (windfall)
Current status: "Pays as Agreed"
This totally messes up my utilization!
I have contacted the CU and asked them to update their records with Equifax and I am assuming they will take care of this.
Once this has been corrected, I am wondering how this might effect my scores?
Can anyone shed any light??
Thanks - Ray
