Question to the forum

Anonymous · ‎04-21-2008

I recently called GMAC to get an account number on an old car lease, which was late a couple times, and was co, now paid full in 2003. I asked for the account number so I could write a gw letter to fix the neg marks. I currently have another car loan through GMAC, paid on time for 2 years straight

When asking for the old account number she said it is gone after 7 years from their computers, I told her it was only five years ago and still reporting. She said she could not find it w/o a VIN #, which they do not have. Is it worth to dispute if they can not find it in there records, even though it is true? I do not recall that the debt went to collection and was recovered internally. Advice?

Anonymous · ‎04-21-2008

rjf78 wrote:

I recently called GMAC to get an account number on an old car lease, which was late a couple times, and was co, now paid full in 2003. I asked for the account number so I could write a gw letter to fix the neg marks. I currently have another car loan through GMAC, paid on time for 2 years straight When asking for the old account number she said it is gone after 7 years from their computers, I told her it was only five years ago and still reporting. She said she could not find it w/o a VIN #, which they do not have. Is it worth to dispute if they can not find it in there records, even though it is true? I do not recall that the debt went to collection and was recovered internally. Advice?

Late payments do not hurt after 2 years. IF the account was COd and then paid YES it will hurt!!

Look at your CR does it show CO/paid after CO or anything like that? This would not be good

It should read closed paid or paid as agreed. this is good leave it

At times it is not good to try & get late pay deleted from your CR as the OC might delete the complete TL.....which you might not want.

Anonymous · ‎04-22-2008

Thanks for the response Happy, my cr shows co/paid. I wish it would read paid as agreed which would be good. If I send a gw to have them change it and they delete it that would be ok I think, as the account was only ongoing for 2 and half years, which is below my avg. length of 5 years for accounts. Which would actually make my avg account length increase.