CarLoan rptd with huge differences in the 7 yr pymt history on all 3 CRA's

[StuckInTheMiddle]

Had a car loan, was late a LOT to my utter shame.

Paid off last December.

The TL's have some huge differences in the 7 yr pay history across all 3 CRA's.

Because of the nasty payment history I would like to see this deleted altogether, I'd like some advice on how to accomplish that if it's possible.

It's the only account that has ANY late payments listed (other than 5 paid medical collections that are set to fall off from 1 to 3 yrs from now the newest is from 2004).

I also have another bank car loan ($18k orig bal. now at $14k), a paid off mortgage ($110k) a new mortgage ($253k) and a citibank credit card (limit $2400, bal. $1600), and a student loan ($8k orig. bal now at $1k).

No late payments whatsoever on any of these and I can't get my score above 600, its gotta be this account.

Here are the details on the car loan with lates.

TU lists last 30 day for Nov 07

11 - 30 days late

6 - 60 days late

1 - 90 days late

Experian lists a 30 day for Dec 07 and a 60 for Jan 08 even though it was paid off on Dec 12, 2007.

17 - 30 days late

7 - 60 days late

1 - 90 days late

Equifax lists last 30 day for Dec 07.

18 - 30 days late

5 - 60 days late

1 - 90 days late.

Obviously the difference between 11, 17 and 18 - 30 days late is quite a discrepancy if you ask me. The 6, 7, and 5 - 60 days late are less so, but still one nonetheless.

The letter I sent off this week to the bank basically said, fix it, make it accurate, and if you cannot you must delete, (I included a copy of my credit report to show the reporting as listed). I made sure to send a copy of the letter and the credit report copy to all 3 CRA's, they were cc'd on the letter. I also included a copy of the payoff receipt and a letter from the bank dtd 12/18/2007 declaring the account paid off and returning my vehicle title.

Here is my larger question... I have no clue which listing is correct or if any of them are. Do I have any options to make the bank 'prove' the accuracy to me and the CRA's?

I'm kind of suspecting that they've kept terrible records on this account and might not be able to truly find what is actually 'accurate'. (We asked every month , over the phone of course, for a year to get a current statement on everything due, and never got it. The only correspondence we would get is a letter saying 'we've assessed a $25 late fee, pay as soon as possible' with no total balance due).

Thanks much, you people are awesome in this forum.

[Jason]

Dispute with all three credit bureaus. Then when the results come back if nothing has changed, send the original creditor an investigation request. You can compare your records to theirs. If they have no records it can lead to deletion. Read up here on CIC for late payment removal.

[StuckInTheMiddle]

The letters I sent out this week were to all 3 CRA's and the OC requesting investigations.

I guess I just don't know what (if any) of the number of lates is truly accurate, I was just wondering if I had any way of getting 'proof' from the OC. I certainly don't have any records to back it up.

I have a hodgepodge of records, random payment receipts and late fee assessment notices... nothing that says one way another what the correct number of lates are.

Thanks for replying.

[Guest BucFan]

The letters I sent out this week were to all 3 CRA's and the OC requesting investigations.

I guess I just don't know what (if any) of the number of lates is truly accurate, I was just wondering if I had any way of getting 'proof' from the OC. I certainly don't have any records to back it up.

I have a hodgepodge of records, random payment receipts and late fee assessment notices... nothing that says one way another what the correct number of lates are.

Thanks for replying.

The FCRA requires that all TLs be “complete and accurate”.

Dispute through the CRAs and wait for the OC to "verify" those TLs with inaccurate information.

Then write OC demanding an investigation due to blatant discrepancies being reported and "verified" by their company to the CRAs.

Just my opinion, though. Not real legal advice...

[momof5]

Although this took me a year to resolve, I had the same problem with a Chase mtg....

I disputed it with the CRAs, they changed it on all 3...WORSE and still not accurate and still not the same across all 3. I let some time pass, and I disputed it again. Same results. Let some time pass and disputed it again.....same results. (In other words, each dispute rewarded me with even more late pays....and at this point, TU showed my first lates as having happened BEFORE my mortgage started!!!!!)

With each dispute to the CRAs I included a copy of the trimerge listing to show that "Chase cannot be accurate if it is different across all 3!" SO, after the third dispute....I sent an ITS to the 3 CRAs saying that since Chase reported something different after each dispute and it was different on all 3 CRAs and TU's showed that the first late was before the mortgage started...they "knew or should have known" that this was inaccurate and that Chase could not report accurate data and they should have deleted the tradeline. I also sent an ITS to Chase telling them that they are now at the level of WILLFUL non-compliance and at this point, whether they made it accurate or not, the horse was out of the barn and I was going to win in court.

Although my goal was a deletion....I am not entirely disappointed in the end result. Chase examined my reports (I sent a copy of every one of them.) They changed their TL to reflect only the *1* late that was on ALL 3 and also late in their computer system. I went from many 30 and 60 day lates to a PIF, 'current', 1 30 day late. Oh, and BTW, if you are late when your mtg to Chase is paid off, they will forever report you in "30 days late status" or whatever it was when the mtg was paid off. (For my brother it was 150 days late at the time he sold his house.....the day before the foreclosure sale!) So the change in notation helped alot.

But, here is the catch:

1.) You need multiple copies of post-dispute bureaus to show a pattern.

2.) They HAVE TO BE WRONG.

3.) YOU have to be a sweet beotch about it....firm, but play the 'I just wanna get it right' person who is willing to sue.

4.) You have to get it into the hands of the higher ups.

When they balk, keep pushing.

I was lucky in one sense. The guy who was their FCRA compliance guy was an ex-EX employee who knew what they were reporting was inaccurate (especially the status) and he knew that I could easily win an FCRA violations lawsuit. He pushed for me!

[swirlgirl]

I don't think a couple of lates is what causing your low credit score. I think it is the amount of total debt that you have. Plus you have the medical collections on your CR. A "Paid" status is just as bad as unpaid. Do you have any other negatives showing?

I'd suggest you put your time and energy on working on the negative and collection accounts before you tackle the late payments.

[StuckInTheMiddle]

I don't think a couple of lates is what causing your low credit score. I think it is the amount of total debt that you have.

Thanks for replying... Is it debt-to-income? We have income in the 6 figures... do they CRA's/scoring know what our income is? Total monthly payments are about $2607, monthly income is 4 times that roughly.

or

Is it the sum of the original balances of open accounts irregardless of whats owed now? If that's the case, I'll gladly pay off the $1000 student loan and get it closed/paid, and likely the $14k car loan too... the only reason I didn't before now was to build up a solid history of 'good payments' before closing. As far as the Citibank, we're paying it off $250 a month right now... I can certainly step it up to $500 and get it down to $0 sooner.

Plus you have the medical collections on your CR. A "Paid" status is just as bad as unpaid. Do you have any other negatives showing?

I'd suggest you put your time and energy on working on the negative and collection accounts before you tackle the late payments.

I've been working that angle too, (posted separately) 5 collections same CA same OC... OC has agreed to delete but I need to get them to 'recall' the debt first (on the advice of another poster). The wheels are turning in the direction of a deletion, albeit slowly.

"I disputed it with the CRAs, they changed it on all 3...WORSE and still not accurate and still not the same across all 3."

I'm worried they'll pick the worst number and update all 3 CRA's with it, regardless of what is accurate. If they do that... can I request/demand a method of verification?

Horse is out of the barn. I already sent a letter to the Bank/OC to request investigation sending copies of all 3 reports. I sent the same letter to each CRA too. I do know they are wrong by reporting Jan 08 as 60 days late, I paid it off one month earlier, I included a copy of my pay off receipt with all the letters I sent. I guess I screwed up and showed them my hand Each time I think I'm taking charge... I seem to march in the wrong direction

Thanks everyone for replying, big help as always.