12-05-2011 09:05 AM
First, can you help me with FP. I have many late pays from FP and need some "GW"
Second, I want to thank everyone from this board. It has been twelve months since I started on this journey and it is almost complete.
I have no outstanding credit card debt, had almost all negative accounts removed (started with 15 on 1/3/2011). I have two more that will be off by Dec 31 and the only negatives left on my report will be late pay to FP and Santander.
This board really is a community.
Thanks to each person who provided advice and guidance along the way.
12-05-2011 11:12 AM
Can I also get the info? I have a 30 day late with them and it's my only late in 5 yrs. THANKS!!
12-05-2011 12:00 PM - edited 12-05-2011 08:11 PM
I have gotten alot of PM's about the letter I am using and I don't mind the messages
but to share it with everyone I am posting a copy of it here:
First Premier Bank
Dear Sir or Madam
I am writing to you today regarding my First Premier Bank Credit Card account which I had while I was a student at Pfeiffer University in 2008. The purpose of my correspondence is to see if you would be willing to make a "goodwill" adjustment on the reporting of this account to the three credit agencies.
During the time period this account was established I had was very happy with the service, I was however not the ideal customer and made mistakes with my handling of the account. I should have kept better records regarding the account and I take full responsibility. I became aware of the unpaid balance when I got a copy of my credit report in November of 2011.
I know that payment was my responsibility and I am not attempting to justify this breach of credit card user agreement, I was however hoping you might review the circumstances under which this non-payment occurred and consider removing the negative trade line associated with this account from my three credit reports.
As soon as I became aware of the balance I contacted First Premier Bank to pay in full but learned that you no longer owned the account. I provide this not to justify why the account was unpaid, but rather to show that the issue with First Premier Bank is not a good indicator of my actual credit worthiness. I hope that First Premier Bank is willing to work with me on erasing this mark from my credit reports.
I am simply asking First Premier Bank for a courtesy gesture of goodwill in having the credit bureaus remove this account from my report. I do recognize that this request is unique and that it may not be your normal policy. Please consider that the Fair Credit Reporting Act does not demand that all accounts be reported, only that any account that is reported be reported accurately. Therefore, a company does have legal discretion and permission to remove any account it chooses from the credit report. I'm hoping that you will do that in my case for this account.
Your kind consideration in this matter is greatly appreciated.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.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.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.