@Anonymous wrote:I have a suntrust auto loan that was behind 90 days as of January 2016. I just brought it current. How long do people usually wait to send GW letters?
I am the co-owner on this vehicle, if I was able to get my name off this car would the entire account disappear from the CRA? I would like to get a FHA loan and this is the only account with a negative timeline on my reports.
As soon as it updates to current thats when you begin your GW letter campaign. No, removing your name does nothing to make the loan disappear if you are on the loan as a cosigner its yours even though it may not have been you who defaulted on the loan. The only thing that would stop it in the future is having the other owner finance the car in their name only.
