 old car loan issue
So I have a old car loan from 2001. It ended up getting totaled and I didnt have gap insurance and decided not to pay off the remaining 3k. On my reports it shows status as of november 2003 is being bad debt/collection and also says 30 days late as of september 02 for the first time and will be on record till 9/09. I havent distubed this TL yet as I am affraid of them coming after me for the money since its almost SOL. I havent heard from them in probably 5 years. I am also trying to buy a house before September and this is not helping me any. My question is: should I dispute it now or should I wait till it is SOL then dispute it? Is it likely they would try to get the money now?
Thanks
|