I have a total of 33 late payments reported on 7 accounts, 5 lenders. I am going to list the lender, dates opened, dates closed, # of lates, dates reported, etc. Which do I tackle first? Please help and THANKS!!!
CLOSED ACCTS
Bank of America
Opened: Mar 07, 2008
Closed: Nov 03, 2009
Late Payments: 11
120 Days Late: January 2010, February 2010, March 2010
90 Days Late: April 2010, December 2009
60 Days Late: September 2009, November 2009
30 Days Late: June 2009, July 2009, August 2009, October 2009
Bank of America
Opened: Feb 20, 2008
Closed: Jun 01, 2010
Late Payments: 10
120 Days Late: January 2010, February 2010, March 2010, April 2010, May 2010
90 Days Late: October 2009, December 2009
60 Days Late: September 2009, November 2009
30 Days Late: August 2009
Capital One
Opened: Jan 25, 2011
Closed: Feb 21, 2014
Late Payments: 5
30 Days Late: July 2012, August 2012
60 Days Late: September 2012
90 Days Late: October 2012
120 Days Late: November 2012
Citi Bank
Opened: Feb 07, 2007
Closed: Sep 25, 2009
Late Payments: 2
60 Days Late: October 2009
90 Days Late: November 2009
Education Systems EFCU
Opened: Dec 15, 2008
Closed: Oct 03, 2014
Late Payments: 1
30 Days Late: December 2013
OPEN ACCTS
Capital One – Open Current
Opened: Nov 26, 2010
Late Payments: 2
30 Days Late: November 2012
60 Days Late: December 2012
Merrick Bank – Open Current
Opened: Nov 17, 2011
Late Payments: 2
30 Days Late: October 2012
60 Days Late: November 2012
@Shokk wrote:I would tackle all of them first. No reason not to unless you're just completely strapped for time. Create one letter and change it up as necessary for each OC. If you're set on doing them over time, start with the ones with the worst lates. 30 and 60 day lates I believe only affect your score for a couple of years. 90+ affect your score for pretty much the entire time its reported.
THANK YOU!! Do I write a seperate letter for each account for the ones with the same lender or do I write a seperate letter for all of them (even if it is to the same lender)?
@RobertEG wrote:Are the closed accounts now all paid, $0 balance?
Yes, all closed accounts have been paid for several years. The only account with a balance is the open Merrick bank acct
AHEM
@Garsue31 wrote:
@Shokk wrote:I would tackle all of them first. No reason not to unless you're just completely strapped for time. Create one letter and change it up as necessary for each OC. If you're set on doing them over time, start with the ones with the worst lates. 30 and 60 day lates I believe only affect your score for a couple of years. 90+ affect your score for pretty much the entire time its reported.
THANK YOU!! Do I write a seperate letter for each account for the ones with the same lender or do I write a seperate letter for all of them (even if it is to the same lender)?
I wrote one letter per OC and included each account. Others may have a different opinion, but each OC in my case didn't seem to have an issue. They all said no, but still.
@Shokk wrote:
@Garsue31 wrote:
@Shokk wrote:I would tackle all of them first. No reason not to unless you're just completely strapped for time. Create one letter and change it up as necessary for each OC. If you're set on doing them over time, start with the ones with the worst lates. 30 and 60 day lates I believe only affect your score for a couple of years. 90+ affect your score for pretty much the entire time its reported.
THANK YOU!! Do I write a seperate letter for each account for the ones with the same lender or do I write a seperate letter for all of them (even if it is to the same lender)?
I wrote one letter per OC and included each account. Others may have a different opinion, but each OC in my case didn't seem to have an issue. They all said no, but still.
I think they all said no because you sent 1 letter for several accounts to teh OC....maybe the outcome would have been different if you didn't LOL J/K
Plan your end result.
Contact the executive office of the company by email. Leave your concern, your name and your contact number.
The executives secretary will call you back, explain to them your concern. You will only get one phone call and one goodwill consideration so make it count.
If you cant come to a conclusion or you're too far off from your plan. Dispute with the Credit reporting agency. This can be done online.