Has anyone ever successfully had a late payment removed with a goodwill letter?
In the 8 years I've had students loans, I have one 60-day late and the rest of the payments have been on time. That was 13 months ago but it is really dragging my credit down. I'm not disputing the fact that they were late...I had deferred the payments during a period of unemployment and had no knowledge that the deferrment had passed. I want to send a letter asking them to delete it based on the fact that it was obviously an anomaly, but I don't know if it will work. I wrote one letter before to a creditor, and they informed me that it was against the Fair Credit and Reporting Act because they have to report everything accurately. How do you respond to that? I know they can legally and ethically remove the late payment if they want to.