Kevin5958 Posted January 7, 2008 Report Share Posted January 7, 2008 Hello everyone,I'm lost as to where to start on this 1st issue, and being new to this I would appreciate any help in getting started on the correct path. I have pasted a copy of the isuue at hand below to help ? The car was a Voluntary reposession in the spring of 2002 ,and I have had no contact with them since of any kind. The car was purchased in FL. and Repossesed in Las Vegas. I would like for this issue to be removed, but not sure where I stand ? The Balance dates and Account Status items seem to just change whenever they feel the need ? Any help would be greatley appreciatedThank Youkevin5958 TransUnion Reported CAPITAL 1 FA - Automobile INSTALLMENT Account Number 62062155 Ownership Individual Date Open 05-2001 Balance Date 07-2006 Balance Amount $7280 Monthly Payment $362 High/Limit $14696 Account Status Charged off as bad debt Prior Delinquency Past Due Amount $0 TransUnion [Comment: Purchased by another lender] Equifax Experian Reported Reported CAPONEAUTO INSTALLMENT INSTALLMENT Account Number 62062155 62062155 Ownership Individual Individual Date Open 05-2001 05-2001 Balance Date 08-2007 08-2006 Balance Amount $0 Monthly Payment High/Limit $14696 Account Status At least 120 days or Account delinquent 180 more than four payments days past due date past due Prior Delinquency 08-2006 08-2006 Past Due Amount Equifax Experian [Comment: Transferred to another lender] Link to comment Share on other sites More sharing options...
jetscarbie Posted January 7, 2008 Report Share Posted January 7, 2008 Have you tried disputing these accounts with the CRA's? I would dispute as inaccurate.Just to be warned....Cap 1 is a huge pain to deal with. Link to comment Share on other sites More sharing options...
Kevin5958 Posted January 7, 2008 Author Report Share Posted January 7, 2008 Not sure of the appropriate letter or way to send it ? Thank You. Link to comment Share on other sites More sharing options...
jetscarbie Posted January 7, 2008 Report Share Posted January 7, 2008 Something simple and in your own words that saysDear CRA,I am disputing the accounts below because they are inaccurate.Then list the account name and account numberCap 1 Acc #4444444xxxx (it's okay if it's x'ed out.)Then put your name and SS# on the letter. Send the letter CMRRR at the post office. Wait the 30-45 days for them to investigate and they will send you a letter saying what they did. Hopefully, they will not vertify with the CRA and that tradeline will get deleted. Link to comment Share on other sites More sharing options...
Kevin5958 Posted January 7, 2008 Author Report Share Posted January 7, 2008 Thank You for the help ! I will get started right away.Thank Youkevin5958 Link to comment Share on other sites More sharing options...
andbowd Posted January 7, 2008 Report Share Posted January 7, 2008 Send letters good advice. ABEQ 532, EP 546, TU 541, 01/08 Link to comment Share on other sites More sharing options...
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