So here's the deal...I co-signed (like an idiot) on an old gf's car loan. Things went south, we split up, and she refused to have my name removed from the loan. Looking at my CR's now, I see that she had a number of late payments...some 30, 60 and 90-days...so I want to GW American Honda Finance and see if they'll remove from my report. I've looked around and borrowed from others' letters (mainly the first and last paragraphs) and came up with the following, which I'm hoping for feedback on:
"I have always had very positive experiences with American Honda Finance Corporation and hold the company in high regard. I financed my first Honda through AHFC and then in 2007 was a co-signer on another AHFC loan.
It is with regard to the co-signer account (# 9786xxxx) that this letter has been sent. While I fully understand the implications and responsibilities that come with co-signing a loan, I must admit that I was entirely unaware of the primary account holder’s struggles in making timely payments. Had I been made aware of the borrower’s inability to fulfill the financial obligations of the loan, I would most certainly have stepped in and made the required payments.
As is evidenced by all of my current credit accounts, I take timely payments seriously and have been working tirelessly to continually improve my credit profile in the hopes of qualifying for my first home mortgage this year. However, the late payments shown on this account are making it difficult to achieve this goal.
I request that you give me a second chance at a positive credit rating by making a “goodwill adjustment” on my three credit reports. I sincerely hope that there is redemption available at American Honda Finance Corporation, and I beg you for such consideration. Please let me know if you need any additional information, and I thank you for considering my request."
