Confused about late dates

[medicgrrl]

If I have a payment that is due 1/15/09, for example, and that payment is 31 days past due, should the late date be reported as 1/09 or 2/09?

[Anonymous]

For 1/09. Jan payment is the one that is late.

[medicgrrl]

The OC is telling me it is the month the payment was actually brought current.  I am trying to dispute this.  Any suggestions?  It is a recent late so every month counts right now.

[Anonymous]

---

medicgrrl wrote:
The OC is telling me it is the month the payment was actually brought current.  I am trying to dispute this.  Any suggestions?  It is a recent late so every month counts right now.

---

Well, that doesn't make no sense to me.

However, I've found that in the world of credit reporting, nothing makes much sense here lately.

I think I'll stick to FCRA/FDCPA and rebuilding issues.

[AndySoCal]

If I understand the question correctly and please correct me if I am wrong. If you made a payment on the account on or 1/15 the account would have remained currect Correct? If so the late date for the account is 02/09 the was delinquent 30 days after the missed scheduled payment.  Changing the month in which the late date occured in I doubt will the much of a difference in the score. Sorry !

[medicgrrl]

The late is from last year.  It will make a difference in the score eventually.  I need the score to increase as early as possible so the date of the late pay actually does make a difference as to when the score will change.  If I understand the scoring correctly, anniversaries of lates, new accounts etc are used for scoring.

[Anonymous]

---

@medicgrrl wrote:
The OC is telling me it is the month the payment was actually brought current.  I am trying to dispute this.  Any suggestions?  It is a recent late so every month counts right now.

---

That makes absolutely NO sense.

I mean, what's stopping you (other than intelligence and good sense) from NEVER paying again, then? They're pretty much saying that as long as you're late and don't bring the account current, that they'll keep it in positive status -- that you only get dinged once you bring it current.

Your OC's been smoking the crack pipe, methinks.

But really, it would be the month you were actually LATE. That's kinda why it's called a "Late" and not a "Brought Current," yannow?

[AndySoCal]

I would try to dispute this with credit bureau showing them the proof of when you brought the account current.  This may help getting the del date moved back. Here is philosophical argument to your question. Let us say your payment is due on the 15th of the month. Your payments were current as the January bill  For whatever reason you missed making the February payment. You brought the account current in March let say on 3/1.  Technically you delinquent until the first of the month and current until the fifteenth. So which status is correct for the month you brought it current?  To me it is the most recent status of current that is why I would suggest disputing it. Good luck!

[medicgrrl]

I already tried disputing.  I have 2 lates with GMAC.  Each bureau was reporting 2 different months(a total of 6 months for 2 lates!)  It got corrected but GMAC then added a comment that said I disputed and disagreed.  I contacted GMAC to request the comment be deleted because it was now corrected and I didn't disagree.  Instead of deleting the comment they changed the late dates again!  I have even talked with someone in the Corp office (which is hard to do because the number is a big huge secret!) They said that it is reporting correctly because that is the month they reported that it was currently 30 days past due.  I understand part of what she is saying.  They can't report in December that December is 30 days past because it hasn't actually occured yet.  What I don't understand is why they can't report in January that December was 30 days past due.  Instead they say it is past due in January.  It makes absolutely no sense to me!

[Anonymous]

---

@medicgrrl wrote:
They said that it is reporting correctly because that is the month they reported that it was currently 30 days past due.  I understand part of what she is saying.  They can't report in December that December is 30 days past because it hasn't actually occured yet. 

---

Yeesh, I'm glad you understand it, 'cause I sure don't.

While I get that they can't report you as late until January, their rationale still doesn't make sense. When they report to the CRAs in January, they're reporting on the events that occurred in December. Not January. Hence, the late occurred in December, not January.

They're being lazy. Or obtuse. Or just plain stupid.

Bottom line: You were NOT late in January. You were late in December. According to the FCRA, they are reporting inaccurately. 

Stop playing footsie with them and send them a letter outlining their violations of the FCRA (first for reporting inaccurately and then for refusing to FIX the damnned error) or you will 1) retain a lawyer and sue them for the violations 2) notify the FTC, and 3) notify the BBB.

And let them know that they have one of two choices: fix it or stop reporting altogether.

ETA: I didn't mean to offend with the "playing footsie" remark. In our house, that just means to get MEAN. Don't let them *bleepity-bleep* with your head or your credit. You don't deserve it.

Message Edited by Wonderin on 04-28-2009 10:48 PM