Hello again, all.
I had purchased a vehicle last October, and took it back to them 45 days later (huge income decrease). The currently reported details are below.
Although I am more than happy that this account doesnt report a "repossession" status (yet), I would assume it will happen eventually.
My question is this: Should I write them and ask them to "update the status", or should I just leave it alone? I wouldnt ask the question at all if it werent for the fact that it is reporting 10k debt that I no longer have. In addition, if it will eventually be reported as a repossession, I would assume I would be better off having the Date of Last Activity being NOW, so that I can start putting some time on the DoLA. Again, all assumptions, Ill await the pros' responses.
Thank you!
Equifax (as of January 23, 2013)
Status as of | Oct, 2012 |
Date opened | Aug, 2012 |
Date of last activity | Oct, 2012 |
Account number | XXXXXXXXXXXX2506 |
Largest past balance | $10,295 |
Account Type | Installment |
Account holder | Individual |
Scheduled Payment Amount | $360 |
Industry | Automobile Dealers, Used |
