I checked my TU report and my score had dropped dramatically from 658 to 587.....I checked my report and found that a company called Santander Consumer USA did an inquiry on my TU credit report on 12/05/09 and then placed a collection in the account area of my report for a car that I had attempted to purchase in 2/2000. The problem is that I did purchase a vehicle from Drive Time during that period, but 2 weeks later I lost my job and I called Drive Time and asked if I could return the car since the paper work hadn't been processed entirely and they said yes. So I returned the vehicle. Now almost 10 years later, they are showing up on my reports as Santander Consumer USA stating that I owe them for this vehicle. Another thing is that my house burned down in 11/2006 and I do not have paper work at all. Only a fire report that shows my house was completely burned.
This is what is showing on my TU credit report:
Status as of Nov, 2009
Date opened Feb, 2000
Date of last activity Not Reported
Date paid out Not Reported
Date closed Nov, 2009
Account number XXXXXXXXXXXXX1000
Loan type Automobile
Credit limit Not Reported
Largest past balance $9,347
Terms 51 Unspecified
Account Type Installment Account
Account holder Individual Account
Scheduled payment amount $0
Can anyone give me a direction to proceed in order to fight this? Is this reaging?
Crawling At A Snails Pace . . .
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*9/01/08 FICO; EQ:524 TU:532 FAKO;EX:536
*12/07/08 FICO; EQ:548 TU: 562 FAKO;EX:565
**03/10/09 FICO;EQ: 624 TU:563 FAKO;EX:585
**09/21/10 FICO;EQ:661 TU:679EX:663(FAKO)
