I disputed a charge with equifax?

Question

I had a charge on my credit report from a car i got repo back early 2002. the company sold the account too a collection agency, but when i went to get approved for a car in 2007 the bank told me it look like i had 2 different accounts with the same amount owed (which was the auto that had got repo). so i had the orignal debt plus the collection company. luckly the bank over looked it and gave me the loan anyway. Ok i went to equifax to dispute the charges. equifax sent me back a notice that they removed the collection company from my credit but the orginal account was updated showing that i just got the repo in may of 2008, so now i got hammered showing as a late payment for that month which totally lost me. plus in place of the collection company they seem to created a new account but shows that i paid as agreed for the car that got repo but says this account has been sold to another company. how or what do i do to change that repo date seems like they just started my 7 years over.

Answer 1

Dispute with Equifax again and tell them that the original creditor re-aged the debt illegally.

If what you say is true, then the tradeline should be adjusted to show the actual date of the repo.

If it comes back verified, you'll need to follow the instructions on the results sheet they send you. You can request documents from the original creditor to see how they proved this debt. But if what you say is true, there is no way they can prove that a repo that occurred in 2002 occurred in 2008 without some sort of fraudulent activity.

Answer 2

Hi,

I used "Credit Solution" to settle my debt and avoid bankruptcy.They managed to reduce my debt up to 58%.I came across this company on NBC News Special Edition.Check it out here:

http://redirx.com/?0g4c