I bought a brand new 2000 Chrysler Voyager. I paid $400 a month for 6 years.
When my final payment was due I called to ask them how much I owed. It was somewhere in the area of $200 I think. They said if I paid them $100 the loan would be paid in full. Now on my credit report they have it recorded as a charge off, saying they settled for less.
I am so angry I am disputing it on my credit report.
I expect them to correct it. I hope that I am successful with this method,