Jump to content

Paid as agreed car loan does not appear on credit report


Recommended Posts

I can't seem to find this anywhere.  I filed for bankruptcy in 10/09, and, depending on CRA, credit score is in the 650-690 range.  My problem:  My car loan has been "paid as agreed" the entire time, and doesn't appear on my credit report that way.  It shows as first delinquency 11/09, even though I continued making payments, never missed one, and reaffirmed the loan.  I have the proof that this is wrong (60 months of ontime car payments).  I'm going to dispute this, but I'm afraid that Capital One and/or the CRA's will just delete the negative entry, and not report the 5 years of on time car payments.


I'm aware that companies aren't required to report to CRA's.  (Perhaps this isn't always a bad thing; I have several dept. store accounts, with a lot of available credit.  Even though I've used very little of, it  that amount of available credit might make potential creditors nervous.)  Obvious question: since Capital One does report to the CRA's, do I have any recourse if they just delete the negative account.  I suspect that, with 5 years of on time car payments, my credit score will experience a sizable jump.



Link to comment
Share on other sites

This topic is now closed to further replies.

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.. For more information, please see our Privacy Policy and Terms of Use.