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Mannerheim

When Can I Demand My Repo be Removed?

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I have a Cadillac that died long before the loan was paid off.  I let it be repo'd.  As it didn't run, I'm sure that it sold for peanuts at auction.  GM Financial has posted the repo on my credit report.  It says "date opened" is 9/1/09.  Is that the day the loan opened, or the day it went to repo, or the date that the collection was posted.  Can I demand that it be removed, if it's after 7 years?  How can I get this removed?  I challenged it years ago, and they did send me the docs.  Thanks!

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1 hour ago, Mannerheim said:

It says "date opened" is 9/1/09.  Is that the day the loan opened, or the day it went to repo, or the date that the collection was posted.

It's supposed to be the date you took the loan. 

1 hour ago, Mannerheim said:

Can I demand that it be removed, if it's after 7 years?

It can remain on your report for 7 years after the date of first delinquency (DOFD) that lead to the repo.

1 hour ago, Mannerheim said:

they did send me the docs.

What date do the docs say you first went delinquent? 7 years from that date is when the account has to come off your report. 

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