Opinion ID: 563740
Heading Depth: 2
Heading Rank: 2

Heading: TRW's Reporting of Cahlin's GMAC Account

Text: 8 Although the record does not show how TRW initially reported Cahlin's GMAC account, TRW, prior to June, 1986, evidently reported Cahlin's account to be a loss charge off. In that month, however, the parties agree that GMAC instructed TRW to change Cahlin's account to a paid charge off. After complaints by Cahlin in August that TRW was not reporting his satisfaction of the GMAC account, GMAC directed TRW on September 4, 1986 to change the reporting of the GMAC account to a Code 13 which represents a paid account with a zero balance and is not considered a derogatory rating. 9 On October 16, 1986, TRW received a letter from Cahlin requesting that TRW verify the status of his account with GMAC. On that same day, TRW telephoned GMAC to verify whether GMAC wanted the paid charge off notation changed to paid satisfactory. TRW processed this change through its computer records on October 21, 1986, and all credit reports issued after that date reflect that Cahlin's GMAC account was paid satisfactory. 10 Between September 4 and October 21, 1986, Cahlin alleges that he had a residential mortgage loan application pending at First Nationwide Bank and avers that this application was denied as a result of a TRW credit report containing derogatory credit information concerning his GMAC account. Cahlin produced no documentary or testimonial evidence to support these allegations. TRW, however, subpoenaed the records of First Nationwide, and those documents provide no indication that a TRW report was a factor in this denial. TRW also produced an affidavit from Betty J. Del Place--a First Nationwide employee who Cahlin claimed he dealt with on his application--that also did not support Cahlin's allegations.