topic Re: What date am I looking for?? HELP! in Rebuilding Your Credit

What date am I looking for?? HELP!

FSUGAPEACH78 — Fri, 04 Jun 2010 01:10:54 GMT

I am trying to obtain a mortgage and I know that you can't have any lates within the last 12 months.

My question is this................we had a voluntary repo in January 2009 and we paid the deficiency balance off January 2010.

So is January 2009 the last late payment?

I know I am probably making this much more difficult than it really is

Re: What date am I looking for?? HELP!

AndySoCal — Fri, 04 Jun 2010 02:47:48 GMT

Your last payment date is January 2010 on this account,

Re: What date am I looking for?? HELP!

llecs — Fri, 04 Jun 2010 04:55:37 GMT

Also, the OC can report lates monthly up to the point you PIF (or settled).

Re: What date am I looking for?? HELP!

FSUGAPEACH78 — Fri, 04 Jun 2010 13:55:23 GMT

It says 90 days late Jan 09 and then KD all the way through Feb 10? So it appears that the last true "late payment" is Jan 09?

Re: What date am I looking for?? HELP!

FSUGAPEACH78 — Fri, 04 Jun 2010 14:05:15 GMT

And this is what MYFICO shows:

Status as of [?] Date opened [?] Date of last activity [?] Date paid out [?] Date closed [?] Account number [?] Loan type [?] Credit limit [?] Largest past balance [?] Terms [?] Account Type [?] Account holder [?] Scheduled payment amount [?]

Jan, 2010

Sep, 2006

Feb, 2009

Not Reported

Jan, 2010

XXXXXXXXXXXXX1001

Automobile

Not Reported

$38,874

76 Monthly

Installment Account

Joint Account

$802

Descriptions [?]

Settled—less than full balance

Re: What date am I looking for?? HELP!

llecs — Fri, 04 Jun 2010 15:13:32 GMT

@FSUGAPEACH78 wrote:

It says 90 days late Jan 09 and then KD all the way through Feb 10? So it appears that the last true "late payment" is Jan 09?

If "KD" is up through 2/2010, then the last late would be then. KD is a term used by 3rd party report providers, like CCT, to define a late 90 days or greater. If you pull your CR directly from the CRA, you should get a clearer picture of what is reporting for those months leading up to 2/2010.