I have a paid repo appearing on my TU and EQ reports (it didn't make its way to EX). EQ lists the loan twice - the first time as account transferred or sold with a "pays as agreed" comment. The second listing indicates the paid repossession. TU lists it only once, as a paid repo. IMPORTANT: the finance company last reported almost 4 years ago. They have since declared bankruptcy, merged with a much larger company, and have become an entirely new entity altogether (they were once Mercury Finance). Since they haven't reported the loan and paid repo for nearly 4 years, should I go ahead and dispute the account, in the hopes that the original records have been purged? I'd like this one derog especially to just go away! Perhaps somebody here can help... Thanks!!!
I don't see where it would hurt to try. After 4 years, who knows who'll be at the address and I believe that is a little excessive for a forwarding address, even for a business. SD
