Question, I had a 2nd mortgage with a credit union and they agreed to take $10,000 of the $25,000 I owed them to pay off the loan then give me an unsecured loan for the remaining $15,000. However I never signed the loan papers and the coorespdence regarding this was some emails. Since they are reporting it as the $25,000 loan paid in full and the unsecured $15,000 as a charge off. Can I dispute this with the credit beareus?
What is it exactly that you want to dispute? If you defaulted on the $15K unsecured loan and they have now charged it off, it sounds to me like everything is being reported correctly. That said, if there's anything you believe to be incorrect or missing information you wish to dispute, you do have the right to do so.
