Jeez, I guess this is a way they get back at you for disputing items. They are reporting me as 4 times 60 days lates and 9 - 30 days late on Transunion. Well I disputed this account for about the 2nd time on Transunion (so all together from all 3 credit reports, I have probably sent disputes to Ford Credit about 6 times in a 3 month period). Well not only did they not correct the late statuses (which are uncorrect by the way), but they changed the status of the account from I0 (Paid or Paying as Agreed) to I3 - 60 days Past Due on a Paid off account from Oct 2000!! I am furious, and I was just about to buy a new car from them. Well I called Ford Credit this morning and she stated she would fax me a letter showing the correct payment status and that I could fax it to Transunion. I don't have 30 days to wait for them to investigate this, how long does it take for them to correct something once you fax in a letter from the creditor to the Credit Bureau??? Does anyone have a contact for Transunion?? And of course Transunion is the report that everyone pulls in my area.
Because I don't necessarily won't to finance through Ford Credit again. And by them dinging my credit report, I couldn't get offers from other Finance companies. At this point buying the car is not the most important thing. Getting this Credit Report corrected is. Because Credit is King and without it your finance/banking/insurance/cellular accts/etc options are very limited.
As soon as you get the letter call TU and tell them you have a letter from Ford and you NEED this deleted immediately, also tell them it has been investigated MANY times and it never gets fixed. The have a specific fax number for people that are faxing documented PROOF!! Even if you have an afiliate (I have the buffalo ofc.) call the PA # and tell them! Maybe someone here even has the number. I'll look for it!
This should work with any financing company you choose. Even tho I did go with FMC, I had my mortgage company fax a letter to the dealership stating that the lates they reported were incorrect (they were) and that they would correct my credit report with the next cycle. It made the difference for me. I didn't have the time to wait, either. I feel for you. I remember too well what a wreck I was trying to get that through. Hang in there. Persistence works.
