Cookie Posted August 12, 2008 Report Share Posted August 12, 2008 I have a lender asking what I think is the impossible. I have to somehow get cap 1 to stop reporting CO every month as it looks like a NEW Co. And the same thing with Applied Bank, BUT Applied bank only updated the TL to CO when I disputed it (I was hoping it would be deleted since it is 6 years old WRONG) so that looks like a NEW CO as well. I have no idea what to ask these people when I contact them, what do I say? Do I ask for something in writting that shows the actual co date? I can't ask them to stop reporting and remove what they have already reported because it is correct the accounts are CO and never sold to a CA, they just sat on them.I can't tell them I am applying for a loan they will sock it to me for sure. BTW these are past sol and due to drop in 2009 and 2010 and I have got to get out of the place I am living now for personal and health reasons. Link to comment Share on other sites More sharing options...
morrow Posted August 13, 2008 Report Share Posted August 13, 2008 Why doesnt your loan officer/lender have the processor order a credit suppliment? To try and get things updated without having to put you in the middle.For example: I recently had a borrower who had a couple accounts that were supposed to be "included in BK" or another that had a tax lien that was listed with a status of "filed", even though it was paid off. My processor ordered the credit supp. and got these items updated within about a day.Its worth a shot. Link to comment Share on other sites More sharing options...
Cookie Posted August 14, 2008 Author Report Share Posted August 14, 2008 Thanks Morrow I will try that Link to comment Share on other sites More sharing options...
Recommended Posts