How long do you wait before a GW for a 30 day late?

[Anonymous]

I have a 30 day late from one of my Cap one cards from 3 months ago.   I have 2 accounts with them total, all other payments have been on time and my balance currently between the two is $5.    I want to send a GW ask letter to the EO for the late, should I wait a few months?  Or send now?   I actually paid it late 2 days!   I had a medical problem and missed 2 weeks of pay at work, I have doc letters if that would help?   Really just unsure of the timing of when to ask for the 30 day removal.

Thanks!

[willwar14]

Wait, you paid 2 days past due? Or 32 days past due?

[Anonymous]

2 days!  But it was still 30 days late.   Maybe it was 2 days after the statement.   Regardless, it was reported as a 30 day late.   I'm just not sure when to send the goodwill ask.

[willwar14]

Robert or Norman will be able to explain detailed on what to do, I would make sure your 100% wern't 30-days late, check the due date, and the date you actually paid, if its not 30 I would email the EO explaining that THEY made the error of reporting a 30-day late when you really wern't and have them remove it.

[Anonymous]

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@Anonymous wrote:

2 days!  But it was still 30 days late.   Maybe it was 2 days after the statement.   Regardless, it was reported as a 30 day late.   I'm just not sure when to send the goodwill ask.

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Did you get one or two late payment charges?

[RobertEG]

A payment is not reportable as a 30-late until it has reached 30 days after the billing due date.

An account can be late under the account agreement, but not yet reportable to the CRA.

You have 30 days after it became late (i.e., 30 days after the billing due date) to make the payment before it becomes reportable.

Check the billing due date and the date of payment.

[Anonymous]

Ok everyone thanks! I'll look into the actual late days BUT...my question is.....  in the case of a GW letter, how many months after the incident do you ask for removal?   

I'm sure they need a few months to have faith that you are an on time paying customer....but how long do you typically wait?    

[gdale6]

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@Anonymous wrote:

Ok everyone thanks! I'll look into the actual late days BUT...my question is.....  in the case of a GW letter, how many months after the incident do you ask for removal?   

I'm sure they need a few months to have faith that you are an on time paying customer....but how long do you typically wait?    

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I would begin at 3 months for a legit late payment of 30 days and continue at a rate of 1 a month till you actually get the GW. Good luck

http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/GW-letter-Q-amp-A-Examples-and-GW-Success-Stories/td-p/1573680

[Anonymous]

Good luck!

[Anonymous]

Ok thanks Music, I will try that!