How could a company go out of business and not contact the credit bureau's
to let them know that the loan has been sold to BAC and they are out of businss. So now my credit report shows that I have two second mortgages for $39,000.
I have been fighting with equifax trying to get the balance to zero and it update to say that the loan was sold. How incompetant can you be. I am sooooo sick of people that cannot speak English or understand what I am trying to say. I am now in the process of contacting the Federal Trade comission.
My income to debt ratio is so far off, it has really messed up my credit score and now I can re-finace my home. Good luck to everyone that has to deal with this.
Product or Service Mentioned: Wilshire Credit Loan.