Reply
Established Member
Posts: 12
Registered: ‎04-11-2008
0

Answer from GW...Help!

So, I'm gonna try and make this short and sweet:  I graduated from college in Dec 06, and my college loans were deferred for six months.  When time came to pay back the loans, the loan company sent all my bills in info to the wrong address.  (Needless to say I didn't think about having to pay them back or even think it was time to.)
 
Anyways, a couple of my loans went past due for 60 days last year.  Once I found out about it I immediately paid up what I owed and set myself up for automatic draft each month (for more than the minimum amount). 
 
So, I decided to write a GW letter stating the problem and ask them to remove the past due dates since I have paid MORE than the mim each month and have done so for almost a year.  They replied back in 5 days and this is what they said:
 
      "We could not change the rating we reported for the months of 08/07 and 09/07, since your loans were past due at that time.  Since we could not change the ratings, you may elect to file a consumer credit statement with Equifax explaining the delinquency on your loans."
 
So this is where I find myslef now.   I thought that it was up to the company to change the status of an account?  Will it do me any good to send Equifax this info? Thanks in advance for any insight.
 
 
Valued Contributor
Posts: 2,340
Registered: ‎04-08-2008
0

Re: Answer from GW...Help!

It is up to the company to change it..but they basically are saying that they are not...all they want you to do it put a statement on your report explaining the circumstances...basically they don't care...about the sadness in the GW...so they want you to tell you story to someone else...maybe a creditor when they pull your reports...SORRY!!!...you can always keep trying....
Established Member
Posts: 12
Registered: ‎04-11-2008
0

Re: Answer from GW...Help!

Oh well...I guess I could just keep trying with the GW.  Blah, but thanks!
Regular Contributor
Posts: 234
Registered: ‎03-23-2008
0

Re: Answer from GW...Help!

Student loans are hard. I couldn't get mine off either. I was able to get the 90 day off because it was a mistake on their end.
Established Member
Posts: 12
Registered: ‎04-11-2008
0

Re: Answer from GW...Help!

Yeah, they are nice, but not willing to work with me at all.  I thought that I could get them to help me out since they were sending my bills to a completely different address -- one that I never even had on file.  But oh well, guess I'll just write them another letter and keep sending them...
Regular Contributor
Posts: 234
Registered: ‎03-23-2008
0

Re: Answer from GW...Help!

That sounds like it is their fault for sure. I would keep sending the letter. Do you have any proof where you were living at the time like utility bill? To point out that you were definitely not living in the place they were sending the bills?
Established Member
Posts: 12
Registered: ‎04-11-2008
0

Re: Answer from GW...Help!

Actually, I do -- I didn't think of that!  I have a couple of electricity bills that I could use, and I also have a letter written for me from my Landlord for proof of residence while I was at that address.   So, would it be legit to make a copy of the letter and one utility bill and send with another GW letter?
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. 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.