Just sent GW to Chase Auto Finance (redeemed repo, many lates)

[HuntingMama]

We want to apply for preapproval for a USDA RD loan, but I want to get this redeemed repo off our reports first.  

I signed into my Chase Auto Finance account, and followed "contact us" links...  (Contact Us, Send us a message, Auto Finance - Account Maintenance Link)

I will post any updates, and if I don't hear from them I will hand-write a letter and mail it next time. 

Please share if you had any luck or not with them!

Here is what I wrote:  (Yes, it is all true... no BS in the details)

11/28/2012

re:  xxxxxxxxxxxxxx

Dear Chase,

I am writing to you for help with our auto loan that was opened in October 2006, and paid off in January 2012.    

The vehicle was a redeemed repo in May 2009, and there were several late payments on the account.  Our finances were a mess.  From 2008 to mid-2012, I was not receiving any child support.  From 2008 to 2010, my husband was laid off and only worked part time. Fortunately, he now has steady, full time employment, and since September 2012 my ex has resumed paying child support again.  

Our goal is to prevent history from repeating itself.  We currently rent for $975/month; most local rentals are $1,000 to 1,200.  However, we have found a modest house that would have a total monthly payment of $625 (including the taxes).  With a difference of $350, we would much rather obtain a mortgage and finish building our emergency fund.  We would like to obtain pre-approval for a USDA RD loan with Chase, but we are afraid the redeemed repo status and the late payments on this account would prevent us from being qualified for a loan.  Is there any way that Chase would be willing to remove the redeemed repo status and late payments?  This is a joint account, and is on both of our credit reports.  Any help is greatly appreciated as we would like the opportunity to continue our relationship with your company.  

Thank you for your consideration,   
xxxx

[rootpooty]

Sounds good I wish you the best.

Last year a friend of mine sent them a GW letter to remove several auto loan lates.  They didnt just remove the lates they deleted the entire tradeline

[Epcot]

Hope for the best, Keep us posted!

[HuntingMama]

Just received this response:  (I am not giving up yet! )

Dear xxxxxxxxxx,

Thank you for your recent inquiry to Chase Auto Finance.

Your request has been forwarded to the appropriate
department. You will receive a final response by mail.

If you have any questions regarding this transaction,
please feel free to respond to this email or, if you wish
to speak with us, contact our Customer Service Department
at 1-800-336-6675, Monday through Friday, 8AM to 10PM and
Saturday from 9AM to 5:30PM Eastern Time.


Sincerely,
xxxxx xxxxxxxxxxxxxxxxxxxxx

Customer Service Specialist
Chase Auto Finance

[Shogun]

Of course you don't give up, they can say No 100 times, but it only takes one yes!!!