Man finds unknown loans on credit - NBC12.com - Richmond, VA News

12 ON YOUR SIDE

Man finds unknown loans on credit

Posted: Updated:

RICHMOND, VA (WWBT) – Have you ever heard of an "honest" thief? If there is such a person, he got about $50,000 using somebody else's information. But, the twist here -- the perpetrator is making payments.   

It's not your typical identity theft complaint. But, it shows, what you don't know can be devastating. Jarry Wilson was house hunting and denied a mortgage loan when the bank checked his credit and found several open accounts. 

Jarry read his credit report in disbelief and says he's a victim of identity theft. He says someone used his name and credit to go to college. 

"This is my name Jarry Wilson, but who's doing it? I didn't take this loan out," he said. 

His credit report lists several student loans as far back as 2009. That's when the first payment was made. There's a $12,700, and $6,000 student loan, all showing payment deferred...and others with a current status and consistent history of paying on time.  

DIANE: "No way in the world that that's yours?"
JARRY: "No. No way. No way. Not me. My name, but not me." 

The scariest part of being a fraud victim Jarry says is waiting for the other shoe to drop. 

"They paying now, but if they stop, that's it. My credit is shot. $52,000 ain't no joke," Jarry said. "I'll drown. I will drown, literally. I will drown." 

The widower and father of two makes a living as a bus driver. The high debt is stopping him from buying a home, until the inaccuracies are corrected.

  • To resolve errors, contact all three credit reporting agencies.
  • And, the company that's providing the information. Under the law, both are responsible for correcting incomplete or inaccurate information.
  • Tell them in writing what you think is wrong. Back up your claim with documentation.
  • Send it certified mail. They have 30 days to investigate. 

"Clear my name. Clear it," Jarry said. "I hope they do, because I want to see who's doing this. How many other names do they have? Diane, it could be you." 

Jarry filed a police report and a dispute claim. He doesn't believe it's a simple mistake of someone else's information showing up on his credit report. He thinks its identity theft. I'll let you know what the investigation turns up. 

Copyright 2012 WWBT NBC12.  All rights reserved.

Powered by WorldNow