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Honda Financial Sucks!!!

Regular Contributor

Honda Financial Sucks!!!

I finally got a response from Honda yesterday concerning the GW letter that I sent. They advise me that they are required to report any delinquencies and have verified that they are correct and can not remove them. If I would like to dispute any inaccurate reporting, I should send proof. What the hell is this about? Has anyone had any GW luck with Honda? What should i do?
6/20/08 TU=553 EQ=577 EX=458
07/16/08 TU=599 EQ=621 EX= 556
8/05/08 TU=632 EQ=652 EX=598, 9/30/08 TU=632 EQ=655 EX=616
Message 1 of 7
6 REPLIES
Regular Contributor

Re: Honda Financial Sucks!!!

Well if you can prove there was a legitimate mistake send payment information. Otherwise wait a month and send another gw letter. I got the same response from USAA however they did update the status from "closed by creditor" to closed by me
6/11/08 Trans 566 Exp 549 Equ 523
8/2/08Trans 574 Exp 584 Equ 578
Message 2 of 7
New Contributor

Re: Honda Financial Sucks!!!

I agree, maybe you should remind them that you will keep their decision in mind when you go to purchase your next car or motorcycle. I have 3 loans with Honda, 1 late in 5 years and they wont budge either. Maybe remind them about word of mouth too. The more I hear others having trouble with certain companies, the more careful I will be about selecting companies to do business with in the future.
Fico's TU 613, EQ591, EX615
10-3-08
Message 3 of 7
Regular Contributor

Re: Honda Financial Sucks!!!

Well I really can't prove there is a legimate mistake. I know all 2 CRA are reporting differently,so maybe I'll start with that.
 
Thanks for your help guys, it's depressing, but I think I'll send another letter in a few months.
6/20/08 TU=553 EQ=577 EX=458
07/16/08 TU=599 EQ=621 EX= 556
8/05/08 TU=632 EQ=652 EX=598, 9/30/08 TU=632 EQ=655 EX=616
Message 4 of 7
Regular Contributor

Re: Honda Financial Sucks!!!

keep your head up! Send more letters all they can do is say no, you might get someone in a good mood sometime soon!
6/11/08 Trans 566 Exp 549 Equ 523
8/2/08Trans 574 Exp 584 Equ 578
Message 5 of 7
New Member

Re: Honda Financial Sucks!!!

Keep on trying with the GW letters.  The first GW letter I sent regarding my lates, they actually deleted them from Equifax.  I sent another GW letter asking if they can also notify the remaining two CRA's, but it was a no go. 
Message 6 of 7
Highlighted
New Contributor

Re: Honda Financial Sucks!!!

Has anyone here had success with Honda? I've read about alot of GW turndowns. Anybody successful have an address to share? Any email or phone luck?
Fico's TU 613, EQ591, EX615
10-3-08
Message 7 of 7