Interest Rates / Loan Terms (and therefore payments)
All of the above
Yes, the creditor can report the information again to the credit bureaus.
No, once deleted the item the item must remain off of your report.
Yes, but only with your authorization.
Sure but they will be subject to fines and penalties.
Approximately $15 per month
Approximately $35 per month
Approximately $110 per month
None; both are excellent scores and will result in no discernible difference
Ask the creditor whether the information they reported to the bureau(s) was accurate; if the creditor says the information is correct, the investigation is complete.
Consider your claim and determine the likelihood of your accuracy based on documentation you provide.
Ask you and the creditor for documentation proving accuracy; they then evaluate all documentation to determine the truth and report on your file based on their decision.
Request evidence from you supporting your claim and base decision on your submitted documentation.
Have paid money for having a riskier loan.
Have an expensive mortgage company.
Are paying money to get a lower interest rate.
Will have to pay a pre-payment penalty if you pay off your mortgage.
Pay $10,000 for the car now and get zero back at the end of the 20 years.
Pay $20,000 for the car now and get all $20,000 returned at the end of the 20 years.
None of the above, there is insufficient information provided to make determination