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ACS GW late while in deferrment?

Established Contributor

ACS GW late while in deferrment?

I want to GW some late payments on 2 ACS tl's (lates at same time, I didn't realize a deferrment had come up, my address wasn't changed etc).  I fell 60days past due before I realized. This was in June 2011.  However I started college classes again Sept 2011 so I am back in deferrment.

 

Do I stand a chance of GW acceptance while in deferrment?   Didn't know if that mattered or not.

Fico: 701 (5/22/14) 682 (5/9/2014)
Discover IT $5,200 / CU Visa $1,000 / JC Penny$3,000
App Free since 2/2013
4 REPLIES
Moderator Emeritus

Re: ACS GW late while in deferrment?

I can't speak for SLs, but I know you have a 100% chance of failure if no GWs are sent. I'd send them. Good luck!

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Established Contributor

Re: ACS GW late while in deferrment?


llecs wrote:

I can't speak for SLs, but I know you have a 100% chance of failure if no GWs are sent. I'd send them. Good luck!


Very true llecs, thank you for that reminder :-)

Fico: 701 (5/22/14) 682 (5/9/2014)
Discover IT $5,200 / CU Visa $1,000 / JC Penny$3,000
App Free since 2/2013
New Visitor

Re: ACS GW late while in deferrment?

I had the same thing happen to me.  I just received a letter back (took less than 2 weeks) stating they never remove anything from credit reports.  True heroes.  What's next?

Valued Contributor

Re: ACS GW late while in deferrment?


sizsl wrote:

I had the same thing happen to me.  I just received a letter back (took less than 2 weeks) stating they never remove anything from credit reports.  True heroes.  What's next?


You can keep trying, or just wait for the negative information to age off your report.  Unless the information is factually incorrect, they don't have to remove it, and GWs are definitely hit and miss with most lenders.