Repossession from 08 looks like it's showing as late ?

[gnp57]

I have a repo on my report and it looks like I am late every month since they got it back in 2008 - or am I reading it wrong ?

Status as ofDate opened [?]Date of last activity [?]Loan type [?]Largest past balance [?]Terms [?]Account Type [?]Account holder [?]Scheduled Payment Amount [?]Industry

Feb, 2014

Dec, 2008

Jul, 2009

Auto

$10,819

(44 Months)

Installment

Individual

$367

Auto Financing

Descriptions [?]

• Involuntary repossession
• Fixed rate

Contact Information [?]12802 Hamilton Crossing Blvd.
Carmel, IN 46032-5422
(317) 249-3000

Balance [?] Current Status [?]

$7,278

Repossession

Seven year payment history [?]30 days late60 days late90+ days late

0 times

0 times

25 times (Jan 2014, Dec 2013, Nov 2013, Oct 2013, Sep 2013, Aug 2013, Jul 2013, Jun 2013, May 2013, Apr 2013, Mar 2013, Feb 2013, Jan 2013, Dec 2012, Nov 2012, Oct 2012, Sep 2012, Aug 2012, Jul 2012, Jun 2012, May 2012, Apr 2012, Mar 2012, Feb 2012, Jul 2009)

[randyrhodes]

That is correct. They can report every month tul the CRTP expires. Usually they don't show any more than 120+ days late and just update every month. The reporting is right.

[RobertEG]

+1

Their reporting could actually have been a lot worse.

They could have also reported the 30/60 lates that preceded its status as being 90-late, and could have continued to report escalating delinquencies in subsequent months up to 180+ late.  They apparently decided to stop excalating of reporting when they did a repo.

I would suggest leaving it alone, as any dispute of their reporting could very well result in their addition of a slew of both lesser and greater monthly delinquencies.

[gnp57]

Thank you, guys. Wow, this is a horrible situation. I have 2 more years to wait it out. It is a hard lesson learned.