I have a paid car loan (actually, I was taken to court and had my pay garnished for what I owe) I'm all done with that now -- garnished paid the rest of the loan in full. but my credit report shows: Unpaid balance reported as a loss by the credit grantor. Charged off as bad debtProfit and loss write-off Charged off account on all three reports... How do I fix this? How easy would it be to get this dropped? I believe this is my worst offender on my credit. Thanks in advance.
well, I would dispute it as paid in full. Did you pay the creditor for it? It could be that the creditor charged it off and a CA bought the debt and it was the CA you paid.
Hi- Yes, the original creditor sued me and won by default. The judge had my wages garnished.. I don't believe this ever went to collections. Should I just go to their office with a copy of my credit report to dispute? Or should I dispute with each individual credit agency (equifax, etc..) Thanks in Advance
Thanks. If I do this and get a satisfaction of judgement, would the CRAs be more inclined to 'remove' or just change the wording to 'paid' ?
