Santander USA Nightmare!! Can an account re-surface from 2/2000?

[Red22]

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

Descriptions 

• Profit and loss writeoff

Can anyone give me a direction to proceed in order to fight this?  Is this reaging?

[Anonymous]

I also just had a Santander account placed on my TU report in November 09 from an 2000 account showing as a charge off with new dates. They actually show it as a new purchase in Jan 2004.  

[Anonymous]

they are terrible! i have a current car note with them because when my credit was a lot worse than now i needed a car and had to take the loan. i wish you the best but they are absolutely horrible and pretty much refuse to work with you on anything at all.

[Red22]

Do you think this would be considered reaging, since they are using new dates?

[BungalowMo]

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@Red22 wrote:
Do you think this would be considered reaging, since they are using new dates?

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Most definately!!!!

[Red22]

Just did a little homework and found out that Santander USA owns GE Financial, HSBC Auto Finance, and Triad Financial Corp.

In my case it's not Drive Time (whom I originally thought reaged my account) It's Santander USA reporting for Triad Financial, but strangely the inquiry that was placed on my CR was from Drive Time.  I applied for GE Money CC  on 12/05/09 and instead of the inquiry from GE, I got an inquiry from Drive Time!  .........This is getting weird!

[BungalowMo]

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@Red22 wrote:

Just did a little homework and found out that Santander USA owns GE Financial, HSBC Auto Finance, and Triad Financial Corp.

In my case it's not Drive Time (whom I originally thought reaged my account) It's Santander USA reporting for Triad Financial, but strangely the inquiry that was placed on my CR was from Drive Time.  I applied for GE Money CC  on 12/05/09 and instead of the inquiry from GE, I got an inquiry from Drive Time!  .........This is getting weird!

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I have a Lowes card, Care Credit & another old closed card thru GEMB.  What was the cardyou apped for??

[Red22]

    I applied for this CC.....It's GE Money Mastercard and yes GE owns Drive Time also!!

What really sucks is that Midland and Rickenbacker Collections were deleted today on my TU report. And now my only collection reporting on TU is this Santander USA fiasco. I did dispute it on the basis of CRTP >7.5 years, so hopefully it will work.  Now waiting and hoping that EX follows suit with the same deletions as TU.   Then I will be collection free, if I can get rid of Santander USA.  I hate waiting....