01-14-2012 05:09 PM
I have read numerous other threads on here about how hard it was to get Sallie Mae to delete late payments from credit reports. Then I came across one that mentioned that they emailed the CEO and were successful at getting the baddies deleted after explaining that they believed that it was erroneous reporting because they believed they were in forebearance at the time. I did some searching and found a blog that shared the CEO's email address. I decided to send an email earlier this week, explained my situation, stated that I had been making payments on-time through their auto-debit feature for at least 12 months, and asked that they delete my lates out of GW so that my family and I could have a better chance of qualifying for a mortgage and getting the best possible interest rates. To my surprise, I got a read receipt stating that my email had been READ by the CEO just hours after I sent the email, and the next day, I received a call from a woman from the Consumer Advocate department!!!! She said that they received my email, they were told to review my account, she went over the details of the timeframe with me, and said that she would get back to me when they had made their decision!!! I can't believe it. I am in shock. I had tried years before to get someone from Sallie Mae to listen, but the first tier representatives, I think, are trained to say that it's their policy not to remove lates under any conditions. I can't wait to hear back from them, and I promise to update you all when I do!
Has anyone else tried emailing the CEO? Were you successful?
01-14-2012 06:05 PM
This is fantastic!! Please, please share the contact email with me in a PM!
I need to reach someone to address my account.
01-23-2012 08:55 PM
I just wanted to provide you all an update. I received a follow-up call from the same CSR who called me initially and she told me that she had submitted a request to their credit reporting department to have the 90, 120, and 150 day lates from 2010 removed from my credit report! I don't want to get my hopes up too much, because she did warn me that the department she forwarded the request to has the final say, but I am just surprised that I even made it this far.
Please note that I asked them to perform an investigation on my account history because I believed that I should have still been in forbearance, which was why I did not make payments during that period of time. I don't know the details of what she found, but if it's enough for her to put in a request to delete, that's all I need to know!
I will let you all know what the outcome is. I hope all of you that I PMed Sallie Mae's CEO email info are making progress as well. If you are, please share!
01-24-2012 06:34 AM
Congratulations! I hope they go all the way for you.
01-26-2012 06:11 PM
I am overwhelmed by shock and happiness right now. I got a call today from the representative at SM's Customer Advocate department, and she said that they've approved my request to have the 90, 120, 150-day lates removed from my account!!!!!!
I will say that if you have baddies with SM, the only way that they will remove late payment information is if during their investigation they conclude that it was some error on their part. I asked her what she found in researching my account that led her to believe there was a service error on their part. She stated that she saw that I had set up the auto-debit feature for my account, while one of my loans was still in forebearance status. When the forbearance period ended, the auto-debit that I had setup did not get applied to the second loan. So, basically, Sallie Mae is assuming responsibility for it! She said that it also helped that both of my loans are currently set up for automatic payments and have been for some time now (over a year).
This was definitely a tough one, but I really felt like the CSR was really trying to help me. It was a more positive experience than some of the other ones I've been through.
I'm so happy! These were lates as recent as Mar - Nov 2010, PLUS they're federal student loans, so that has DEFINITELY been hurting my score. I still have lates from 2008 that I am working with her on, because I explained to her that I was in school during that time (less than half time) - I didn't qualify for a loan deferment, but I honestly thought that I had requested a forbearance for both loans, when it was only processed for one. She was not going to research that one, but after about 30 minutes of explaining to her VERY POLITELY that it just doesn't make sense for me to apply for a forbearance due to financial hardship on one loan, and then not the other. Right? Right. So, finally she gave in and said that she would look into the 2008 files some more and see if there would be anything that she could use to present it in a way that it was another error on SM's part. I'm hopeful, but I won't get my hopes up too much. For now I am soaking up my first HUGE success and now it's just an intense urge to find out how much my FICO scores soar when the 2010 lates are removed. WOOHOO!!!!!
01-26-2012 08:57 PM
Wooooohoooo!! CONGRATULATIONS! I am so very happy for you! That is outstanding. I have not yet heard from anyone, but I will be re-sending an email tonight.
Wow! Way to go!
01-26-2012 09:22 PM
Definitely email the CEO again. Here are the main points that I included in my email:
I hope that helps you or anyone else trying to deal with Sallie Mae! I'll keep everyone posted on the last half of it, the 2008 lates. And you do the same!!! GOOD LUCK!
01-30-2012 12:03 AM
I had sent another email to the CEO just prior to seeing your message. I got a call from the advocates office on Friday, telling me that they are investigating my situation. At least that's a start. Wish me some success! And thanks again.
01-30-2012 05:34 AM
That's AWESOME NEWS!!! Give it about a week. My rep called me 4 days after the first call to tell me that she was still investigating, but that she didn't forget about me. Then a few days later, she called back with the great news that they had approved my request to delete the lates because they found it to be their fault! Keep a good relationship with your rep, he/she is there to find anything in your account that might spin the lates on them. They really are advocates, I think. Keep me posted and good luck!
Copyright ©2001-2013 Fair Isaac Corporation.
All rights reserved.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). 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.