TU Dispute & Mortage

Posted by lsvhammer (65.28.175.232) on June 30, 2004 at 21:36:07:

Trying to get a home loan UW say I can have if a repo from 97 comes off or we pay. Supposed to close on house 7/23. Mortage Company telling me to push closing back until 7/30 so we can wait on this dispute.
Disputed Repo on all mine & DH reports & came off all but DH TU. Did TU on line said they never received his when I called. So I disputed as obsolete on phone on 6/7. TU said not obsolete because last reported date is March 2002. So I disputed as incorrect date. This is what says on report:

Acct#: XXXXXX
Credit Limit: $11,961
Min. Payment: $351
Date Open: October 1996
Date of Last Activity: Sept. 1997 (incorrect, they purchased from original creditor 6/97)
Date Paid Out: Not on Record
Date Closed: March 2002
Loan Type: Automobile
Collateral:
Description: Repossesion

Last Reported on March 2002
Balance: $3625
Current Status: Repossesion
Past Due: $3625

In mean time on 6/14 they received another dispute on same Repo from my Mortage Company as not mine. Now I receive a letter stating I gave them an extra 15 days, so they have until around 7/20.
Do they always take the entire time? Also what is the likely hood it will be removed. My Equifax dispute said the Repo company never replied when I disputed as obsolete. This account is obsolete correct? They do go by DOLA?

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