04-15-2008 09:10 AM
04-23-2008 08:44 PM
05-03-2008 01:17 PM
05-06-2008 08:45 PM
I sent a GW letter to my credit card company and received a call today stating that it would be illegal for them to make an adjustment to my credit report. They suggest I send a "statement" to be placed on my report. as anyone else received this kind of answer? TH
Has anyone tried sending a GW letter to a lender for student loans? I was 30 days late with a payment last fall from when my father was going through some major health issues. I had the ability to pay, but I lost track of it amidst everything else. The fun part is, since I haven't consolidated them, it counted as 4 individual 30-day lates even though I pay them with one check to the same place. Other than that one month, everything's been paid above the minimum and on time.
For comparison, my EQ score (which does have the student loans and the late payments) is 674 while my TV score which doesn't have the accounts at all is 773. Pretty big difference and I'm sure most of it is due to the accounts on one report and not the other.
Is this worth giving a shot for a GW?
06-10-2008 11:41 AM
07-04-2008 01:22 PM
09-24-2008 10:34 PM
Regarding: Account No. XXXXX
CITY, STATE ZIP
To Whom It May Concern:
I am writing a letter about my experience with xxxxxx that is a mixture of a grateful "thank-you" and a pressing request concerning a xxxxxx Charge Card tradeline in my credit files that I would like to have revised.
I received the XXXXX in the year of XXXX which at that time was an immature decision on my behalf. Being young, a newly wed, and immature at the time, I was not aware of the responsibilities I was about to lay upon my shoulders and the future to with hold. I respect XXXXX with great regards and sincerely apologize for the immature actions on my behalf, but with respect and hard work, I was able pay off the account XXXX.
To be honest, that year was a "wake-up" call for me regarding fiscal organization. Since then I believe I have learned the essential organizational and financial management principles I desperately needed at that point. Thankfully, responsible credit management has became an extremely role in my life. I wish to thank you for the opportunity you gave me to be a customer of your company and I would love to continue to have strong relations. Relations I am determined to keep positive.
Now that I am out of the military I am about to approach a step in life I believe every person should have a chance to achieve. I’m moving to Colorado to attend a University in the city of Denver to earn my degree. It has come to my attention that the late notations from XXXX may preclude me from taking full advantage of mortgage loans, student loans, and vehicle loans. Since those notations do not reflect my current status with xxxxxx, I am requesting that you give me a second chance at a positive credit rating by revising those tradelines. Your customer service representative suggested that I write you for a "goodwill adjustment." I sincerely hope that there is redemption at xxxxxxx, and I beg you for such consideration. Please let me know if any additional documentation would assist in reaching a positive outcome, and I thank you again for the time you have spent reading this letter.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.