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Hi Madman! Both of your late payments will report up to 7 years. Try writing a GW (goodwill letter) to both Sallie Mae and BoA. Keep in mind it's very difficult to get a late payment on a student loan deleted from your credit reports. Just try anyway, you have nothing to lose. Read the credit scoring 101 thread that includes sample GW letters. GL.
madman wrote:recently i pulled my cr and discovered that my score dropped dramatically due to student loans being 90 days late. I though that i had deferred the payments for a while and lost track of the mail/ flyers that Sallie Mae sent out. Also, i have moved a couple of times in the last year and just did not think about getting in touch with SM. I was in the high 600's four months ago and just recently noticed that my middle score was around 590 and high was 611. As soon as i noticed this i called SM and made a quick payment.(they were due to report the following day ;-) ) My question is, does anyone know the best way to handle student loan situations? i just came to this site and noticed that some people recomend sending letters to the company to remove the lates. I really want to increase my score ASAP but also know that it takes time. ThanksAlso, i have a 60 day from BOA that is from 2004. How long will it take for the late to drop off?