cancel
Showing results for 
Search instead for 
Did you mean: 

End of lease payment delinquent - pay in full or set up payment plan? Which will help boost score?

tag
Nemo777
New Visitor

End of lease payment delinquent - pay in full or set up payment plan? Which will help boost score?

Plan was to get into another GM vehicle and negotiate at least some of the end of lease wear bill.   Didn't realize only had a certain amount of time and they would report it.  

What to do now?  First call was not helpful.  Advised I would get a call back from a supervisor. did not happen.

 

I can pay in full, or do they payment plan...which would be better for the scores? or doesn't it matter?

 

Thanks!

 

Message 1 of 2
1 REPLY 1
cashorcharge
Community Leader
Super Contributor

Re: End of lease payment delinquent - pay in full or set up payment plan? Which will help boost scor

Pay in full, have the account closed and start shopping for your next ride.  If you go GMAC, having an existing payment plan on their books may not be the wisest decision

Message 2 of 2
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.