Not sure if this is the correct place to post this or not. In May I traded in my 2015 Sportage lease. The dealership bought it out and I bought a 2019 sportage. I just got a notification that the account has been closed on my Equifax (which I expected, as, well, it should be closed), but, also they added a "comment" that it was a "lease - early termination". They have the Activity Designator listed as "Paid and Closed" do I need to worry about this comment and/or is it something I should dispute as it wasn't an early termination, it was a buyout by the dealership?
Bump. Anyone? It doesn't seem like the account status is listed as anything negative, but, the remark concerns me because it's incorrect.
You can try to dispute it but technically the note is correct. Regardless of how the lease was terminated it was, in fact, terminated.
I can tell you that we sold a Toyota a year early on a lease, it is only listed as Paid and Closed, nothing about early termination.