topic Re: HELP!!! What should be my next step?? in Rebuilding Your Credit

HELP!!! What should be my next step??

CadillacMack — Sat, 29 Sep 2012 23:39:16 GMT

Hey myFico Family,

So just like everyone else I do want to improve my credit score I believe this account is REALLLY dragging my score down. Take a look for me and let me know what would be your 'NEXT' plan of action I have already disputed through equifax's website and it keeps coming back. It is on all 3 reports I chose to dispute because some of the information on this account is wrong and the car was totaled and gab insurance told me they paid in full so I shouldn't owe anything at all...What would you do:

	Status:	CHARGE-OFF
Account Owner:	Individual Account.	High Credit:	$16,271
Type of Account :	Installment	Credit Limit:
Term Duration:		Terms Frequency:	Monthly (due every month)
Date Opened:	12/19/2006	Balance:	$2,840
Date Reported:	09/19/2012	Amount Past Due:
Date of Last Payment:	01/2011	Actual Payment Amount:
Scheduled Payment Amount:		Date of Last Activity:	N/A
Date Major Delinquency First Reported:	06/2011	Months Reviewed:	54
Creditor Classification:		Activity Designator:	N/A
Charge Off Amount:		Deferred Payment Start Date:
Balloon Payment Amount:		Balloon Payment Date:
Date Closed:		Type of Loan:	Auto Lease
Date of First Delinquency:	08/2010
Comments:	Consumer disputes after resolution, Charged off account

As far as the things that are incorrect: the start date of this account, never had a late payment in June or august..This is just crazy.

Any help is NEEDED!!

Thanks,

Cadillac Mack

Re: HELP!!! What should be my next step??

Shogun — Sat, 29 Sep 2012 23:43:24 GMT

You say GAP ins. Paid the difference. Do you have any proof of this?

Re: HELP!!! What should be my next step??

CadillacMack — Sun, 30 Sep 2012 00:30:29 GMT

Yea they did, I did have it but I can't find it now and all it said was "remaining balance paid." Because of course insurance paid what the car was worth and gap paid the remainder. What's your thoughts there shogun?

Re: HELP!!! What should be my next step??

Shogun — Sun, 30 Sep 2012 00:44:42 GMT

I would do some research. Contact the insurance company and the GAP insurance and find what exactly was paid.

Re: HELP!!! What should be my next step??

Shogun — Sun, 30 Sep 2012 00:44:58 GMT

I would do some research. Contact the insurance company and the GAP insurance and find what exactly was paid.

Re: HELP!!! What should be my next step??

jamie123 — Sun, 30 Sep 2012 03:45:58 GMT

You need to get in writing what the insurance company paid and what GAP insurance was paid. Make copies of these and file a dispute with the CRAs attaching these receipts to the dispute.

Re: HELP!!! What should be my next step??

Shogun — Sun, 30 Sep 2012 04:06:56 GMT

Sorry for the double post, on the iPad.

Re: HELP!!! What should be my next step??

CadillacMack — Mon, 01 Oct 2012 13:38:06 GMT

Thanks a lot guys I will be doing that!!