Cancelling a loan on two waverunners.?
I found out recently that my family opened up a credit limit or financed two waverunners in my name when I checked my credit score online. I don't want that debt in my name if they decide to stop paying plus I didn't even know about it in the first place. I don't live in the same city as they do / where the waverunners are so I can't really take them back to the dealership or anything. What do I do to get them off my line of credit, I could care less if they get repoed or something I just don't want them in my name.
- Dan BLv 73 years ago
To add credence to your claim, you MUST file a police report for ID theft. Provide that report to the credit bureaus and to the lender who financed the waver runners. What your family did is felony ID theft. If you don't, you suffer any and all consequences if they default. You'll be paying for wave runners you don't own, can't use and have no vested interest int hem.
- ntLv 63 years ago
Police report. Be prepared to snitch.
- SumDudeLv 73 years ago
Before getting hasty, are your parents good about paying their debts? If so, their action will not hurt you. Or, when you discuss this with them, maybe they can refinance the waverunners in their name and pay off the debt attached to your name.Source(s): Do not pis$ off your parents unless you really must take drastic action.
- 3 years ago
Report them to the credit bureaus for fraud.
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- StephenWeinsteinLv 73 years ago
First, it is absolutely essentially that you tell no one that it was your family that did this.
To get it off your credit, you dispute the entry on your credit report, but say ONLY that you did not do this. You do not even suggest that you might have even a hint as to who did.
If you admit that you know it was your family, then your only options are to leave it on your credit and in your name, or to have the police arrest your family and take them to jail. Simply having the waverunners repoed is not an option.
- SlickterpLv 73 years ago
You report them for identity theft. If they get repoed, your credit gets killed.
- A HunchLv 73 years ago
Did you ask your relatives about it?
Do you share the same name?
Are you even sure the loan is in your name.
There are often errors on credit reports, especially when people share the same name.
- DON WLv 73 years ago
Get your credit report, and then dispute the charges, saying that they are not yours. You can also add that the accounts were opened by relatives living in another city. Be prepared that they may get into trouble for fraudulent use of your identity.
- NALv 73 years ago
Report your relatives for identity theft, then sue.