I Should have explain why I asked this question. I had a car that was totaled out and paid for by the insurance/gap insurance. The gap insurance sent the wrong amount to pay the rest of the account in full. They ended up sending a check to the car finance company for the difference in the amount but it took them like 2 months to correct it. The finance company started reporting to the TX,EU, and EX that i was late on payments. After the gap paid the correct amount I call the finance company and ask them to correct the 60,90 etc on my CR's. My TX was corrected but the other 2 are still reporting the same. After 2 months of constantly calling the finance company they said the sent an update to the 3 CB. My EU and EX is update as of May/09 but still has those late payments. I contact the finance company 3 times today and they said the have sent another update to the 3 CB on May 1. They say that TU,EX, and EU investigate after they receive the information from the finance compant and decide whether to keep those late days or not. Is this true?
