Several years ago I purchased a new car and signed up for automatic payments to come directly out of my checking account.
About 2-3 months later I noticed an extra payment had been coming out of my account for someone else's loan. I called and got it taken care of, then forgot all about it.
I have been working on cleaning up my credit reports but really hadn't paid much attention to the satisfactory accounts until tonight.
That loan I was mistakenly paying on for a short time shows up as a satisfactory account on my TU report! It must be that loan, I can't think of what else it could possbly be.
Wish I could thank whoever it was!
it was for a very small auto loan. only about $2,200 according to the trade line. the payment was only $95 a month. i wasn't balancing my checkbook very well in those days so i didn't notice it right away.
i was upset, but it was taken care of, no fuss no muss.
this is one trade line i will not be disputing!
some of the others though.....
katecrime wrote:
it was for a very small auto loan. only about $2,200 according to the trade line. the payment was only $95 a month. i wasn't balancing my checkbook very well in those days so i didn't notice it right away.i was upset, but it was taken care of, no fuss no muss.this is one trade line i will not be disputing!some of the others though.....
Wow! Wonder what kind of old beater that was!
it's paid off. it says:
balance $0
high balance $2,280
past due $0
terms $95 for 24 months
pay status paid or paying as agreed
date opened - 3/1997
date closed - 7/1998
looks like it's about to fall off anyway
i had not considered having someone else's info, even if it's good, as being bad. still not over the weirdness of it. since it's due to come off this year, should i still go ahead and dispute?
yes, i can imagine it was an old beater!
ya know, the first car i ever bought had a $107 payment.of course this was a used car and way back in 91
Message Edited by katecrime on 03-28-2008 09:42 PM
Could've just been used as collateral. I did that when I pulled my head out of the sand. I own my vehicle free & clear, so I got a small loan from my CU and I wanted a good rate, so I pledged my vehicle. It's killing me to pay on it for a year, but it is what it is...I need to do it for the credit mix and score.
Starting Score: 469
Current Score: 819
Goal Score: 850
Highest Scores: EQ 850 EX 849 TU 850
Take the myFICO Fitness Challenge
Starting Score: 469Current Score: 819
Goal Score: 850
Highest Scores: EQ 850 EX 849 TU 850
Take the myFICO Fitness Challenge