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Removing blemishes on my credit

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bellrod44
Contributor

Removing blemishes on my credit

I'm new to the board and was wondering if you could give me some advice on removing a couple issues I've paid off in collections. I've seen the term Good Will (GW) thrown around. How do I send one of these? Who do I send it to? Thank you.

Cards in my wallet: BofA 1-2-3 Rewards - $3,000 (5/2012), Walmart - $350 (9/2012), Home Depot - $500 (10/2012), US Bank - $1,000 (11/2012)
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Scamp
Valued Contributor

Re: Removing blemishes on my credit


@bellrod44 wrote:

I'm new to the board and was wondering if you could give me some advice on removing a couple issues I've paid off in collections. I've seen the term Good Will (GW) thrown around. How do I send one of these? Who do I send it to? Thank you.



Welcome to the forums, bellrod44!  Smiley Happy

 

I'm not an expert on GWs, myself, but I dug up our Goodwill Primer thread for you - that should be a good start for you, on the topic, and you can always post back with additional questions after you've read it, if needed.

 

Hope it's helpful!

_____________________________________________________________________________
It's never too late to become the person you might have been. ~George Eliot

02/12/09 EX: 701 / 02/08/10 EQ: 719 / 02/08/10 TU: 723

Backdoor Numbers, Credit Scoring 101, Understanding Your FICO Score PDF
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bellrod44
Contributor

Re: Removing blemishes on my credit

Scamp,

 

Thank you. I'll look through the provided thread.

Cards in my wallet: BofA 1-2-3 Rewards - $3,000 (5/2012), Walmart - $350 (9/2012), Home Depot - $500 (10/2012), US Bank - $1,000 (11/2012)
Message 3 of 4
Guava
Established Contributor

Re: Removing blemishes on my credit

Here's another thread that could be useful to you, it has samples of other members' GW letter and answers to your questions

 

GW letter Q&A, Examples, and GW Success Stories

 

Hope it helps


Starting Score (08/11/11): TU08: 643
Current Score: TU08: 741
Goal Score: Stay in the 700s; keep reports clean


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