Frequent Contributor
Posts: 428
Registered: ‎01-21-2012
Re: Hyundai Motor Finance Charge off

dciples wrote:

Not sure if this would be the right section, but here goes...


I have a Charge-off from Hyundai and want to know when I can have the Credit Bureaus remove this from my credit? Here is the info on my Equifax report (I don't know if it's different on the other two).


Account Number:2004120155XXXX Status:CHARGE-OFF 
Account Owner:Co-maker  High Credit: 
Type of Account An installment loan has a fixed number of payments and the same payment due each month, such as a car loan or student loan.:InstallmentCredit Limit: 
Term Duration:72 Months Terms Frequency:Monthly (due every month) 
Date Opened:11/24/2004  Balance:$280  
Date Reported:09/24/2012 Amount Past Due:$280 
Date of Last Payment:08/2007 Actual Payment Amount: 
Scheduled Payment Amount:$384  Date of Last Activity:N/A
Date Major Delinquency First Reported:08/2006 Months Reviewed:20 
Creditor Classification: Activity Designator:N/A 
Charge Off Amount:$861  Deferred Payment Start Date: 
Balloon Payment Amount: Balloon Payment Date: 
Date Closed: Type of Loan:Auto 
Date of First Delinquency:02/2006 
Comments:Charged off account  

81-Month Payment History

2005           *

If the report is accurate and this is your charge off, it will remain in your report for 7 years. 


You may try to contact HMFC and see is you pay the charge off if they will delete the trade line. 

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