Chloe1214 Posted July 9, 2007 Report Share Posted July 9, 2007 A lease/own with balloon was returned to the dealer 3 years ago when the balloon payment was coming due. Is there any limit on how long they can report it as late? They have reported it late since 02/2003. Link to comment Share on other sites More sharing options...
Chloe1214 Posted July 9, 2007 Author Report Share Posted July 9, 2007 There was a balance of course. it was $12000 they say. It reports as "amount is original loan amount. Open account. account delinquent 180 days past due date. Lease" since 2003 Link to comment Share on other sites More sharing options...
bigjohnstud4200 Posted July 9, 2007 Report Share Posted July 9, 2007 If the vehicle has been turned in, then it should be a closed account. I had an auto report for 18 months 30 days late AFTER i sold the car to a dealer. Dispute it with the CRA's. Link to comment Share on other sites More sharing options...
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