Credit reports

[Irving]

I don't believe that requesting a higher limit counts as a hard inquiry. Remember that doubling your available credit helps your debt:available credit ratio way faster than making payments of any amount.

I recently requested a credit increase in my Chase card and they said it was a hard inquiry. They also instantly approved me for a $2,000 increase. I told them that was nice but I wish they would have talked to me first since I was looking for much more of an increase than that. She said I could apply for my requested amount, but it'd be a separate hard inquiry so I'd have two back to back. That pissed me off. I called my other credit card and asked up front to double the limit and they applied for me. The next day they called back with a counter approval that was pretty much the same as the first, but at least explained that the reason was that they don't like to go past double your monthly income (based on what you tell them with no verification). I was fine with at least having an explanation. Use your household income of you want higher limits I guess.

None of this is relevant as I only came here to post this article that says that I've you get over 750, going higher doesn't really do anything for you. Someone may have already mentioned that in this thread.

https://www.usatoday.com/story/money...te/1577225002/

[BPTactical]

Furious right now.
Bought a different truck 24 August of this year. Payment date for the old loan was set up for the 28th of the month.
Always paid on time and paid extra towards principal.
I did not pay the August payment due to trading it in.
The dealer I bought the new truck from dicked around for a month before paying off the loan on September 24th, have the letter from the finance company Stating the account is paid in full.
I get a notice today from my credit watch that a late payment was recorded on my old loan.
I will dispute it but anybody got any additional ideas?

[SideShow Bob]

Buy the dealer a cocktail, of the Molotov variety ?

[BPTactical]

Buy the dealer a cocktail, of the Molotov variety ?

Helpful Bob but won't help the credit report.

[ChickNorris]

I suspect that even if ownership was transfered prior to the due date of your payment, legally you are still considered responsible for the punctuality of payment as the financial agreement was with you & not the dealership.

Unfortunately the dealership jerked you & you're left with selling the symantec gymnastics of it. They need to own the transfer date in a letter at minimum so that even if you can resolve it on the official record, you have a tangible document to support your position for the 'unofficial' consideration that may come up after this.

Ive never traded in a vehicle so I have no idea what the paperwork says about assuming responsibility for the remaining debt & the liabilities they did or did not assume.

Geez what a hassle. My sympathy.

[BPTactical]

I suspect that even if ownership was transfered prior to the due date of your payment, legally you are still considered responsible for the punctuality of payment as the financial agreement was with you & not the dealership.

Unfortunately the dealership jerked you & you're left with selling the symantec gymnastics of it. They need to own the transfer date in a letter at minimum so that even if you can resolve it on the official record, you have a tangible document to support your position for the 'unofficial' consideration that may come up after this.

Ive never traded in a vehicle so I have no idea what the paperwork says about assuming responsibility for the remaining debt & the liabilities they did or did not assume.

Geez what a hassle. My sympathy.

There is a legally binding document showing the date the receiving dealer accepted the trade in vehicle.
It is called a Bill of Sale.
Account shows paid in full and I was even sent a refund check from the lender for overpayment.
Anyway I have disputed it and provided documentation to the Credit Bureau showing that payment was current at trade in and a copy of the Bill of Sale showing trade in date.
The real bitch is the loan on the new vehicle is carried by the same lender with a date of effect of 8-24-18, the new loan was already approved and in place when the old vehicle was physically traded in.

Dealer playing fuck-fuck games, they likely didn't pay it off until they sold it.
That's not my problem.

[brutal]

There is a legally binding document showing the date the receiving dealer accepted the trade in vehicle.
It is called a Bill of Sale.
Account shows paid in full and I was even sent a refund check from the lender for overpayment.
Anyway I have disputed it and provided documentation to the Credit Bureau showing that payment was current at trade in and a copy of the Bill of Sale showing trade in date.
The real bitch is the loan on the new vehicle is carried by the same lender with a date of effect of 8-24-18, the new loan was already approved and in place when the old vehicle was physically traded in.

Dealer playing fuck-fuck games, they likely didn't pay it off until they sold it.
That's not my problem.

The rub is that it is now your cross to bear, not theirs.

Fuckers.