topic Re: GW successful!!! in Rebuilding Your Credit

GW successful!!!

MissMia75 — Wed, 08 Jun 2011 13:41:17 GMT

Okay my fellow credit builders, lol. I have 7 accounts with NelNet (why they are separate student loans I have no idea...lol) and allowed them to fall behind 120-150 days late. Each reporting tanked my score. Last week a GW letter was sent to some executives who took pity on my letter and gave me a second shot. Honesty truly is the best policy. i submitted documentation of each incident to substatiate my case. I checked my credit report this morning and EQ was the first to report the change in all 7 trade lines as PAID AS AGREED! To them I will forever be grateful. With all of this I am wodering if I will see a substatial increase in my scores?

Re: GW successful!!!

MissMia75 — Wed, 08 Jun 2011 14:29:30 GMT

Correction EQ, and EX has reported the changes. I am just awaiting TU....

Whooo Hooooo!!!!!

Re: GW successful!!!

Tooliebell — Wed, 08 Jun 2011 15:48:22 GMT

Ahhh, you give me hope! I have a recent 90 day late that took place while trying to get my payment option changed and a consolidation done.

I just sent a letter yesterday to the CEO to see if he would consider removing the late. I am hopeul for an outcome such as yours!

If you get a second, PM who and what address you mailed to so I can compare to mine, and if it was different I will know a different route to take if I don't get an answer.

Re: GW successful!!!

kenworthguy — Wed, 08 Jun 2011 17:22:59 GMT

Congrats MissMia75, thats great, I hope you get the increase your hoping for, keep it up and continued success.

Re: GW successful!!!

mocha82 — Thu, 09 Jun 2011 00:02:57 GMT

Were the loans private student loans? I have loans with Sallie Mae and I thought about sending GW letters to them but I heard that with SL that aren't private loans that it is impossible to get them to delete the late payments.

Re: GW successful!!!

MissMia75 — Thu, 09 Jun 2011 00:06:58 GMT

mocha82 wrote:
Were the loans private student loans? I have loans with Sallie Mae and I thought about sending GW letters to them but I heard that with SL that aren't private loans that it is impossible to get them to delete the late payments.

Hey Mocha82 the student loans in question were not of a private entity. I dont see an issue with you sending the GW letters to Sally Mae. You will never get a response if you never ask a question. I say go for it!!! I am about to send you a PM real quick.

Re: GW successful!!!

MortgageBound — Thu, 09 Jun 2011 02:23:54 GMT

Congrats to you! I love to read about GW success!!!! I'm sure you'll see some increase in your FICOs