I have to TON of late payments for an auto loan that is currently paid off and closed. only about a year old as far as the lates go. Could really use some tips in how to improve this account. the lates were def my fault but am obviously looking to rebuild. GW letter is a no go.
i had a series of delinquency. When I got stationed overseas, i left the car in the states. At some point while I was there my authorization for autopay was cancelled. (dont know why) anyhow, they couldnt get ahold of me until i was 120 days late and called my parents to attempt a repo. I contacted them from Italy and paid the outstanding balance and they never repo'd the car. then in the middle of 2012 I had financial diffuculty and went 90 days late. I was just hoping there was a magic trick to try and get the lates removed since it is closed and paid in full. We are trying to get a mortgage and the lates are killing us.
well, the kicker is that when i finally traded in the vehicle for a much older one to help with finances and lower payment the dealership went out of bussiness and never paid off the car. so it went into a charge off status. i got that removed after having to get a letter from the CEO of the finance company. but the lates are still there from before because i was told they are accurate.
