i feel like a broken record...but here's my story
2005 nissan altima bought brand new in 2005
i never refinanced or anything, loan thru cap one auto finance.
i have about 17 months left on it
kbb 6,340...balance owed a lil over 9,000.
they sent re-affirm agreement, rate still the same and everything.
as of 2006 on my credit report, the acct is listed as closed charge off, so nothing had been reported since that time and i didnt even know that until i pulled my reports in july prior to filing...would u re-affirm? its an ok car...check engine light is on, but never had any major problems and hoping this is not a major problem(sigh)
one thing i want to know is if i re-affirm, are they going to then start reporting to the credit bureaus and update my account info as a re-affirmed debt?
cap one auto finance transfers the acct to ascension capital while it is in bankruptcy...when i asked them about this they said i needed to call cap one, they were not sure about the credit reporting..uhm ok so i call cap one and they wont even talk to me! said i have to call asension capital! someone should know the answer to this..i feel they are giving me the run around. the only way im wanting to sign the agreement is if i get in writing that they are going to start reporting to the credit bureau! i have until oct 25 to send in the agreement the lady said at ascension...should i write a letter to them? i feel like they should contact capital one and find out about the credit reporting since they claim to not know!
oh and as of right now i am 8 days past due on the loan, but im going to make august pmt soon.
2005 nissan altima bought brand new in 2005
i never refinanced or anything, loan thru cap one auto finance.
i have about 17 months left on it
kbb 6,340...balance owed a lil over 9,000.
they sent re-affirm agreement, rate still the same and everything.
as of 2006 on my credit report, the acct is listed as closed charge off, so nothing had been reported since that time and i didnt even know that until i pulled my reports in july prior to filing...would u re-affirm? its an ok car...check engine light is on, but never had any major problems and hoping this is not a major problem(sigh)
one thing i want to know is if i re-affirm, are they going to then start reporting to the credit bureaus and update my account info as a re-affirmed debt?
cap one auto finance transfers the acct to ascension capital while it is in bankruptcy...when i asked them about this they said i needed to call cap one, they were not sure about the credit reporting..uhm ok so i call cap one and they wont even talk to me! said i have to call asension capital! someone should know the answer to this..i feel they are giving me the run around. the only way im wanting to sign the agreement is if i get in writing that they are going to start reporting to the credit bureau! i have until oct 25 to send in the agreement the lady said at ascension...should i write a letter to them? i feel like they should contact capital one and find out about the credit reporting since they claim to not know!
oh and as of right now i am 8 days past due on the loan, but im going to make august pmt soon.