Thor Credit Corp / E*Trade
Ruined credit by not reporting that a monetary settlement was reached to settle the matter!
- 09-30-2006
- 16
I had a motorhome loan with Thor Credit Corp/E*Trade. I loaned the motorhome to another person to use with the condition that the other person make the payments. E*Trade learned that another person was making payments and repossessed the motorhome because it violated their contract.
To settle the lawsuit against me, I paid them $29,000 as the settlement reached between me and their attorney, on top of the $37,000 they recouped at auction.
They then reported the vehicle as repossessed to major credit reporting agencies and refused to show that a settlement had been reached. My credit is ruined because of this one item. The settlement reached between them and I was done thru their attorney and should void any bad report on my credit file!
Company: Thor Credit Corp / E*Trade
Country: USA
State: California
City: Irvine
Address: 3355 Michelson DR STE 25