topic Re: CRA Dispute Question in Rebuilding Your Credit

CRA Dispute Question

coldworld — Tue, 11 Jul 2023 22:38:09 GMT

My lone baddie is old Repo/CO from GMFinancial. All 3 CRAs have different information as it pertains to when my first deliquency was. My TU shows a 60 day late (ouch) back in Oct '16, whereas EQ is using a date from Apr '17. Experian has a DoFD of Dec '16.

The ask: Can I use the DoFD on my TU report to dispute the DoFD for EQ and EX? Experian has a DoFD of Dec '16.

Re: CRA Dispute Question

FireMedic1 — Wed, 12 Jul 2023 10:57:56 GMT

What was the month/year it first became late that led to the repo? Thats the DoFD.

Re: CRA Dispute Question

coldworld — Wed, 12 Jul 2023 15:10:37 GMT

@FireMedic1 wrote:
What was the month/year it first became late that led to the repo? Thats the DoFD.

The Oct '16 was my first late payment that led to the car being repo'd in Jan '17.

Re: CRA Dispute Question

ForwardLooking — Wed, 12 Jul 2023 15:21:12 GMT

I am working on a similar Baddie with CarMax Auto Finance now. As you are experiancing, there were discreptencies as to the DoFD with the 3 bureaus. I called CarMax and asked for a an account history showing my transaction history, which they provided. This gave me a true DoFD, which I was able to reconcile with my personal records, and is what I will use if the need comes to dispute it. The bureaus cannot really argue to much considering the data is from the original creditor and not me. It also gives me some leverage to use with the CFPB if I have to take it a step further. It is hard to use the bureaus against each other. Legally, they are obligated to report only on information the creditor provides them, and not each other.

Re: CRA Dispute Question

coldworld — Wed, 12 Jul 2023 19:56:09 GMT

@ForwardLooking wrote:
I am working on a similar Baddie with CarMax Auto Finance now. As you are experiancing, there were discreptencies as to the DoFD with the 3 bureaus. I called CarMax and asked for a an account history showing my transaction history, which they provided. This gave me a true DoFD, which I was able to reconcile with my personal records, and is what I will use if the need comes to dispute it. The bureaus cannot really argue to much considering the data is from the original creditor and not me. It also gives me some leverage to use with the CFPB if I have to take it a step further. It is hard to use the bureaus against each other. Legally, they are obligated to report only on information the creditor provides them, and not each other.

That tracks. I requested my payment records, and they should arrive via mail this week just in case. I'll just wait for the official word from GM Financial and go from there. I appreciate you sharing your experience.

Thanks @FireMedic1 for always being there to provide advice.

Re: CRA Dispute Question

FireMedic1 — Wed, 12 Jul 2023 20:20:48 GMT

@coldworld wrote:
@FireMedic1 wrote:
What was the month/year it first became late that led to the repo? Thats the DoFD.
The Oct '16 was my first late payment that led to the car being repo'd in Jan '17.

Cool. So Oct 2023 its falls off. You could actually go on TU and file too old dispute. It may go poof. EX 3 months early. Leave EQ alone. they cant boil water. And your welcome.

Re: CRA Dispute Question

IamWesty12 — Sat, 15 Jul 2023 12:23:47 GMT

@FireMedic1 wrote:
@coldworld wrote:
@FireMedic1 wrote:
What was the month/year it first became late that led to the repo? Thats the DoFD.
The Oct '16 was my first late payment that led to the car being repo'd in Jan '17.
Cool. So Oct 2023 its falls off. You could actually go on TU and file too old dispute. It may go poof. EX 3 months early. Leave EQ alone. they cant boil water. And your welcome.

@FireMedic1 @coldworld Yeppers, as FM stated, you can get that baddie removed NOW on TU. It *should* delete right away or in minutes after with that DOFD! Let us know, congrats early