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Paid car loan reporting quesiton

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oogiemoo
Regular Contributor

Paid car loan reporting quesiton

I had a car loan that was paid off in 2003. The last payment made was 30 days late. On my report the status shows as 30 days late. I didn't think it should be reporting like this so I disputed it with transunion and now they updated it and it reports 60 days late.
It states:
Amount delinquent -0-
Payment status/payment method:  60 days late
 
My questions are...Should it be reporting a late status since it is paid off?
 
What should I do about the 60 day late status now?


Message Edited by oogiemoo on 11-30-2007 07:16 PM
Message 1 of 2
1 REPLY 1
Tuscani
Moderator Emeritus

Re: Paid car loan reporting quesiton

a paid tl does not eliminate payment history. Smiley Happy
Message 2 of 2
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