Short consumer-advice video by Daniel Rosen explaining how to dispute incorrect late-payment entries after a vehicle repo. Rosen highlights that repossessed vehicles are often sold at auction for less than owed, and that creditors sometimes continue to report late payments incorrectly; he advises disputing those specific factual errors with pinpoint accuracy.
How the heck was I late paying after you took the car? Strategy if your vehicle has ever been repossessed, typically the vehicle is sold at auction for a fraction of what was owed. Once that happens, how in the world can the original creditor still report late payments? They shouldn't, but they often do, and that's the key to identifying a factual error and ultimately getting this removed. When this happens, simply dispute that error with p pinpoint accuracy. Pointing out that the vehicle was repossessed and defaulting on payments at this point is inaccurate.
