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Hyundai Motor Finance will ruin your Credit - Review by Guest | Fenton Hyundai

Fenton Hyundai


Hyundai Motor Finance will ruin your Credit 10/14/2014

I turned in my 2011 Equus for a 2014 Equus to this dealership in May 2014. In August 2014, I received a credit alert that Hyundai Motor Finance had reported the old lease as late payments dropping my credit score by 200 points. The dealership made some effort to assist but did not seem concerned. I have letters and emails from HMF that I do not owe any money on the old lease. In August 2014, HMF sent an additional letter asking for 30-60 days for it to fall off my credit report. On October 14th, HMF reported to the credit agencies that they sent the old lease to collections and I was now four payments late dropping my score even lower. The dealership did not return my calls. more
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