Valued Contributor
Repo-ed
Posts: 2,960
Registered: ‎02-09-2012
Re: Big Unpaid Repo ?

RR5 wrote:

No we haven't gotten any letters from collection agency at all. When i checked the credit report that's when i found out that the agency own the debt now. The original bank is also still showing a balance, which is odd because i though after they sell the debt they're suppose to put a 0.


They can both report the neg. TL.

 

I'm going to have to lean towards PFD, but understand that is going to take the 10k.  If they don't take it and want the 20k, well...

5/2012: 560 credit scores across the board and $500 secured CC
12/2014: 750+ scores across the board and $80k in revolving credit

Get those baddies removed!!!