Author Topic: PSA: Totalled auto lease can affect your credit score  (Read 9082 times)

Offline Dan

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Re: PSA: Totalled auto lease can affect your credit score
« Reply #20 on: August 25, 2020, 10:55:39 AM »
UPDATE:

I retained the services of Yaakov Saks (recommended by a DDF member); he opened a lawsuit against the bank, which then settled the lawsuit by 1) erasing the account from the credit bureaus and 2) paying the legal fees. My score has now (obviously) shot back up to the expected range.
Wow!
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Online KSMH

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Re: PSA: Totalled auto lease can affect your credit score
« Reply #21 on: August 25, 2020, 11:04:10 AM »
UPDATE:

I retained the services of Yaakov Saks (recommended by a DDF member); he opened a lawsuit against the bank, which then settled the lawsuit by 1) erasing the account from the credit bureaus and 2) paying the legal fees. My score has now (obviously) shot back up to the expected range.
Amazing , thanx for posting.
Happy to see people not being afraid to take the lawsuit path.
Always praying for delayed baggage.

Offline Malachi

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Re: PSA: Totalled auto lease can affect your credit score
« Reply #22 on: August 28, 2020, 10:47:06 AM »
UPDATE:

I retained the services of Yaakov Saks (recommended by a DDF member); he opened a lawsuit against the bank, which then settled the lawsuit by 1) erasing the account from the credit bureaus and 2) paying the legal fees. My score has now (obviously) shot back up to the expected range.

 Thanks for the info. I have an unrelated credit issue and I spoke to his partner. He is super knowledgeable and has great service.
Denny Crane

Offline Samb

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Re: PSA: Totalled auto lease can affect your credit score
« Reply #23 on: August 28, 2020, 12:22:21 PM »
I recently had a client that had a Amex which had absolutely no late payments but in the remarks  it had a comment paying under partial payment agreement. Again this account has no late marks. Every single month is marked as paid as agreed. He has absolutely no other negative reporting. His score dropped by approx 150 points on the Fico 04 scoring model (pulled by mortgage broker) since this comment came on. Most remarks don’t effect your credit score but some do

Offline chevron

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Re: PSA: Totalled auto lease can affect your credit score
« Reply #24 on: September 13, 2020, 02:47:21 PM »
My sugar was leased with Chase having the loan, it was totalled in an accident. ..

Progressive is paying pretty much the car's value but there is still 9 months left on the lease, chase has Gap coverage which is supposed to cover everything.

We shall see, it's been dragging on.. I have to keep paying chase on the car although they claim i'm going to get the money back

Offline Malachi

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Re: PSA: Totalled auto lease can affect your credit score
« Reply #25 on: November 24, 2020, 06:09:16 PM »
Thanks for the info. I have an unrelated credit issue and I spoke to his partner. He is super knowledgeable and has great service.
Update: He was successful in fixing the issue, Highly recommended.
Denny Crane

Offline Yehuda25

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Re: PSA: Totalled auto lease can affect your credit score
« Reply #26 on: December 01, 2020, 11:58:01 PM »
UPDATE:

I retained the services of Yaakov Saks (recommended by a DDF member); he opened a lawsuit against the bank, which then settled the lawsuit by 1) erasing the account from the credit bureaus and 2) paying the legal fees. My score has now (obviously) shot back up to the expected range.
congrats!
“To avoid criticism say nothing, do nothing, be nothing.”


― Aristotle

Offline Euclid

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Offline Euclid

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Re: PSA: Totalled auto lease can affect your credit score
« Reply #28 on: February 21, 2021, 09:29:58 AM »