My wife and I purchased an Audi A4 financed through WFS (Wachovia Dealer Services) and have always paid our monthly on time, never missed a payment.
In April 2012, we decided trade in our Audi for a Volkswagen CC and of course traded in our Audi to put towards the new car's finance agreement.
Wachovia Dealer Services dragged their feet in applying our final payment from Volkswagen Credit and as a result since April 2012 I have a missed payment on my credit report!
My wife and I have pleaded with WFS to update our credit report so that we can regain our credit score but to no avail.
Our APRs have increased for my credit cards and we estimated that this error has cost us ~$25k from a rise in our interest rates.
Beware of WFS!
Review about: Wachovia Dealer Services Loan.
Monetary Loss: $25000.