11-02-2011 05:15 AM
I just wanted to share my experience on how I got multiple lates removed from my boyfriend's credit report.
He had 4 tradelines from Citibank, and had 30,60,90,120 late (Jan 10-April 10) on all four TLs, which was killing his credit.
We sent out, the mail, GW letter to Citibank in South Dakota. In this GW letter we stressed that the late payments were due to lack of employment out of college and that as soon as there was an income, all TLs were made current. The first response that came back was your typical "we must report accurately".
The second GW got a voicemail from someone in the "executive office administration". That was the key piece of success. Although the rep said he couldn't remove the lates, he could grant retroactive forbearance for the time period of the lates. We asked the rep to send us a letter confirming this, and it arrived a few weeks later.
We didn't see a change to the actual reporting, so more GW letters went out - this time I included a copy of the letter confirming the forbearance.
It took 3 GW's to the SD address, but finally we received a response via mail that those lates should be removed, per the letter granting the forbearance. It was dated 10/25 and said it would take 7 days for the TL to be updated.
As of today, they are off of each and every TL!
The process took from July until November (could have probably happened sooner, but we waited a few months to see if the TL's would update on their own. They did not).
Also in case it makes a difference, in September, the 4 TL's were sold to Sallie Mae, so now these Citibank TL's are showed as current closed.
I hope this helps someone out there get the same results - we couldn't have done it without the help of these forums!!!
03-21-2013 10:34 AM
Congrats! That is great news!
I'm trying to do the same thing... can you share the contact info that gave you the best success? That retro forbearance sounds really good right about now, haha!
09-25-2013 04:23 PM
I'm almost in an identical situation to yours. I had lates with Citi, 30,60,90,120 on two accounts. Account was sold to Sallie Mae, then I paid off and closed the accounts.
My original requests came back that they were reporting accurately. I'm trying to find a higher up within the Citi Student Loan department that I can talk to. Please, any help with who you spoke with would be greatly appreciated!
02-07-2014 08:07 AM
I'm in the EXACT same spot as the others, as well.
Except, I was in South Korea and under the impression that I was already in forbearance. By the time I got back to the states, everything had defaulted to the guarantor.
I've rehabed since and been paying on time for nearly 2 years. I would also very much appreciate the contact info for the office who granted the retro forbearance.
Thanks and congrats!
02-13-2014 08:11 PM
Congratulations on your success! Please share the contact info you used. I am in the same situation. My loans were sold and have been current since 2009. I would like to get the lates from Citi removed since they sold the accounts.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. 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.