Due to a data processing change in 2015, the steps in correcting the data reported the credit bureaus were not fully known, resulting in a miscoding of these disputed loansThe data has been fully updated, and is being submitted today (4/22/16) to the credit bureaus to accurately reflect the status (Loan - Paid in Full/Was Charged Off, and Loan - Settled for Less than Full Balance)The vehicle title will be released and mailed to the consumer today as well.Contact me with any further questionsMatt L [redacted] CEO, Encompass Credit Union
Due to a data processing change in 2015, the steps in correcting the data reported the credit bureaus were not fully known, resulting in a miscoding of these disputed loansThe data has been fully updated, and is being submitted today (4/22/16) to the credit bureaus to accurately reflect the status (Loan - Paid in Full/Was Charged Off, and Loan - Settled for Less than Full Balance)The vehicle title will be released and mailed to the consumer today as well.Contact me with any further questionsMatt L [redacted] CEO, Encompass Credit Union