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Established Member
mariemeow77
Posts: 21
Registered: ‎11-23-2008

To Delete or Not?

    Hello,

 I have been folowing these boards and have had some small successes with my scores. Right now I am sitting at about 593. I contacted Wells Fargo (info below) about a goodwill adjustment to get rid of my numerous lates with them. They sent me a letter in Nov 2012 saying that they were going to delete the entire TL. It has not been deleted off any of my reports yet. If I do get it deleted will it help my score? I have one collection that is newer than this and all the others are old collections I am dealing with one at a time. Thanks in advance!

 

  WFFINANCE

Potentially Negative Closed

610-595-5300
2501 SEAPORT DR STE BH30
CHESTER, PA 19013
 Experian®Equifax®TransUnion®
 
Account NameWFFINANCEWELLS FARGO FINANCIAWFFINANCIAL
Account #XXXXXXXXXXXX
Account TypeAuto LoanInstallmentInstallment account
Balance $0.00$0.00
Date Opened2/1/20052/1/20052/21/2005
    
Account StatusClosedClosedClosed
Mo. Payment   
Past Due  $0.00
Payment StatusPaid, was past due 60 daysNot more than two payments past due30 days past due
High Balance $27,752.00$27,752.00
Limit   
Terms   
Comments PAID ACCOUNT / ZERO BALANCE AUTOClosed
24 MONTH PAYMENT HISTORY
  
2009   2010           2011       
SepOctNovDecJanFebMarAprMayJunJulAugSepOctNovDecJanFebMarAprMayJunJulAug
30OK30OK303030303030306030OK30OK3030OKOKOK30OKOK
30OK30OK303030303030306030OK30OK3030OKOKOK30OKOK
30OK30OK303030303030306030OK30OK3030OKOKOK30OKOK
Moderator
Shogun
Posts: 10,889
Registered: ‎04-15-2011

Re: To Delete or Not?

You could lose some AAoA, they were minor derogs, but in the end, it's a baddie that will be gone.  Just make sure you replace with a good TL and keep getting those baddies off.


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Valued Contributor
Jutz
Posts: 1,216
Registered: ‎05-10-2012

Re: To Delete or Not?

I agree.  It might not help your score any, but it's going to help anytime you try to apply for another installment loan.  That's a lot of lates reported, it's best to try and start fresh.

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