@wwinter wrote:
Hi everyone. Thanks in advance for your collective wisdom. It's already paid dividends as my wife and I are about to close on our first house with a 4.5% 30 year fixed from Wells.
I have a couple questions.
1- I have a repossession on my report from Ford Motor Credit that dates to July 2005. Can I get this removed or do I have to wait this out for another year and it will then drop off my report?
2- I have two late payments on a Wells card from early 2005. Is it possible to get those removed somehow?
They're the only remaining dings on my credit report. I haven't been late on anything in 6 years. Not since the repossession have I missed a payment on anything.
Thanks again.
Welcome to myFICO.
You can send what are called GW (Good Will) letters to both those creditors and ask them to delete the negatives early. They are not required to do so but GW's are often successful. If you do a search here onsite for what others have done with FMC and WF you might get a sense of what works and doesn't work.
Good luck to you.
From a BK years ago to:
EX - 3/11 pulled by lender- 835, EQ - 2/11-816, TU - 2/11-782
"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".
Great interest rate too.