Wednesday, May 26, 2010

I got a car loan through wells fargo and they lost a payment?

I been paying wells fargo through payroll withdrawal for the last 10 mths. They lost my payment dated back in may of this year. I just got a bill saying that I'm behind and just a couple of weeks ago I went to apply for a new car and on my credit report it says that I'm late on my payment to them. I continue to call there office but they give me the run around. Is there a way I can fix this problem and get my credit score back up



I got a car loan through wells fargo and they lost a payment?

You need to send wells fargo a certified letter (with a returned receipt-green form / usps) stating what you have paid and also send along with it, a copy of your deductions made through your payroll company. You should be able to contact your payroll company easily and shouldn' t have any problems getting proof of that payment made. Who knows? Your payroll company may have made a mistake! Remember...always in writing. Talking is useless %26amp; you have no proof for your records. After they get it resolved, you can request to have Wells Fargo send a letter to the appropriate credit reporting agencies explaining what happened so that your credit score can go back up. Good Luck!!



I got a car loan through wells fargo and they lost a payment?

You should have proof of the payment (canceled check/receipt) so submit that to Wells Fargo with a letter requesting them to correct their records and correct your credit report. Certified mail with return receipt. Do not waste your time with phone calls to inept customer service reps. That accomplishes nothing and does not protect your interests.



I got a car loan through wells fargo and they lost a payment?

They are the only people that can rectify this problem. As it is through their employee's negligence/oversight, you need to write a letter to their company, registered %26amp; receipt (so that you'll have a signature receipt card mailed to you upon receipt of your letter) explaining the details. It would be a good idea to check with payroll to see if this deduction was made in the usual way and that no one on your end somehow inadvertently sent it to the wrong place before sending this letter. But in the end it is up to Wells Fargo to change the late status on your loan as they send the data to the credit bureaus. It will take time, but be persistent.



I got a car loan through wells fargo and they lost a payment?

what have you done thus far? Have you reconciled their records with your to determine the exact time of the error? Have you written to them, documenting your position? Have you protested the erroneous credit report?

3 comments:

  1. I am looking for payrolling freelance job sites can you help me with that. I was searching internet but didn’t' getting the right one. I am above 50 and payrolling freelance is the only solution left for me.

    payroll company

    ReplyDelete
  2. I am looking for some type of standardized payroll system, but the type can vary depending on the scope and size of my organization. Please give m some suggestions.

    payrolling services

    ReplyDelete
  3. Great to know the -- in depth from this blog.This will really help for my forward steps to be taken.
    Car Loans London

    ReplyDelete

 

High Risk Credit+ Cosigner Copyright 2008 All Rights Reserved Baby Blog Designed by Ipiet | Web Hosting