I feel trapped here. I paid down a CC from a $5K balance to $300 and got one collection account removed....and my FICO dropped 6 points from 558 to 552 on experian. I also got added as an authorized user on another account that I know is in good standing with a $1500 balance on a $30K CC...with no lates. I have 65 lates on my record mostly on student loans. I need to get above 600 to qualify for a loan but it seems like I'm spinning my wheels. I can't qualify for the loan if I can't get caught up, but I can't get caught up if I can't get a loan either!!! Anyone have any luck with GW's on AES student loans? I'm ready to throw in the towel and just give up.