amyjade Posted April 16, 2007 Report Share Posted April 16, 2007 My EX reports Auto Loan (obsolete) in the "type" of credit. All the others jsut say Auto Loan. Does anyone know what obsolete would mean...?Thanks! Link to comment Share on other sites More sharing options...
someonesomewhere Posted April 16, 2007 Report Share Posted April 16, 2007 Both my car loans, one is current the other is PIF and was never late, are listed as "Auto loan (obsolete)" on EQ. I don't believe it adversely affects the TL. Link to comment Share on other sites More sharing options...
MadinKS Posted April 17, 2007 Report Share Posted April 17, 2007 I would hope not. I've got 2 PIF's and 1 open TL w/GMAC and they all say that. Don't understand it either. I wish someone could explain. Anyone, are you out there? Link to comment Share on other sites More sharing options...
timbercreektech Posted April 17, 2007 Report Share Posted April 17, 2007 I can only add that my older reports didn't show them that way. It may have something to do with paying it off early instead of paying for the full term of the loan. Just a guess. Link to comment Share on other sites More sharing options...
VonAngel (aka EarthAngel) Posted April 17, 2007 Report Share Posted April 17, 2007 Do a search for "obsolete". This has been discussed b4. Link to comment Share on other sites More sharing options...
amyjade Posted April 17, 2007 Author Report Share Posted April 17, 2007 My auto loan is brand new and it states obsolete! I searched auto loan obsolete not just obsolete....sorry Apologizing to the "search function" police! Link to comment Share on other sites More sharing options...
someonesomewhere Posted April 18, 2007 Report Share Posted April 18, 2007 Found the thread. My bad. Shoulda know to search for this. Does not affect our scores.http://www.debt-consolidation-credit-repair-service.com/forums/showthread.php?t=252757&page=2 Link to comment Share on other sites More sharing options...
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