Oakwood Acceptance Corporation ripoff Greensboro North Carolina

I had a home financed with Oakwood Acceptance in 1991. I had trouble with the home the whole time. When they set it up and we moved in, there were no pipes underneath the bathtub in the second bathroom, not the pipes the setup people put in, but the ones installed from the factory, inside the black undercoating. It was fallin apart when they repossessed it in 1999. They reported it on my credit, rightfully so. I did let it be repossessed. It fell off my credit this year, with Equifax. Since Oakwood is now Vanderbilt, they turned around and reported it to Experian. Except they reported it as being repossessed in November 2004. I disputed it and it was removed, it will likely show up again. Check with all the credit bureaus, you may be suprised what Vanderbilt will put on your report.

this is one way to dispute it on your credit file... if it has been turned over to colletions (and you should not tell them that it has or let them know anything about when or if you haven't paid the payments..)... just do a dispute... if its in collections they probably won't find it... that is how we did it... the first time... they found it... the second dispute I put it... they didn't find it... took me about 2 yrs to do all this... and 2 yrs. ago we bought a REAL home... with a roof that doesn't leak and a toilet WOW so Oakwood can jump for all I care.

I too have dealt with Oakwood. We bought a single wide in 1999. It was a repossed home that had no phone lines or power lines coming into the home. We had to make payments on this thing even before we could move in. When we became delinquent on payments they harrassesd us daily. Once we left the home, years later, according to the county we lived in, the home was still registered to us and we were responsible for the taxes. I contacted Oakwood and asked that they resolve this problem or I would have the new tenants removed by the Sherriff's department. The person I spoke to laughed at me and said go ahead!! The next day they had the nerve toll and try to get me to pay the money that they said we owed! We bought the POS for 29,900 and when it was repossed it was sold for 31,000. To this day after filling a report with BBB and contacting the 3 credit bureaus, with our paper work, it is still on our credit. I say we file the class action law suit. Because of the way they do business I cannot buy a home or a car until that is removed. THANKS OAKWOOD!!

Have you tried taking your info that you have from Oakwood to the three major credit reoprting agencies?

You can do a dispute with the credit agencies, tell them what you are disputing and show then the info that you received from Oakwood. Give them all the info that you can.

The credit agencies will then turn around and investigate the dispute.

I have done that with a payment that Oakwood claimed was not paid. I had made the payment and argued with Oakwood, showed the the proof and they still would not change it. I then went to the three major credit reporting agencies and did a dispute. Once I did this, Oakwood had their mistake fixed with in 2 weeks.

If you decide to go this way, it can take up to 30 days for the change to be made.

Good luck