Reply
Regular Contributor
Mish0817
Posts: 170
Registered: ‎12-02-2012
0

Wells Fargo mortgage paid off yet showing under negatives on CR

Hi all, I sold a home in 2008 the house was close to foreclosure but sold in nick of time. However listed under negative la counts on all CR. Should I dispute or send  GW letter to Wells Fargo home for removal of the lates and foreclosure started since it was paid in full ? 



Eq 675
TU 681
Ex your guess is as goodas mine!

Nfcu Cash Rewards 15000, Nfcu nRewards Mc 15000, Walmart 600, Target 400, VS 650,Capital one 3750, Us Bank 300, Discover 4500,Citi DP 1500, Chase Freedom 2000. And I'm done...... no more cards just going to tend my garden
Established Contributor
203bravo
Posts: 736
Registered: ‎08-25-2008
0

Re: Wells Fargo mortgage paid off yet showing under negatives on CR

Since they are reporting valid information GW is the way to go here.  Best of luck.

Community Leader
Valued Contributor
HoldingOntoHope
Posts: 1,057
Registered: ‎09-29-2009
0

Re: Wells Fargo mortgage paid off yet showing under negatives on CR

The reason it is showing under negative accounts is because of the lates fact that the loan was paid in full by the sale instead of foreclosure simply means it is not as negative. Unless the record of the late payments is inaccurate there is really nothing to dispute. As 203bravo said GW letters are your best hope.

Best financial advice I ever got: "Just imagine what an adult would do and do that."

Starting Score: 500's
Current Score: EQ 701 (FICO) TU 721 (FICO) EX 715 (Quizzle)
Goal Score: 760 ALL


Take the FICO Fitness Challenge


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
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}