Credit Cards Center Credit cards from our partners
Reply
New Member
Posts: 4
Registered: ‎08-10-2016

Nelnet Late Payment Removal

I am brand new here. This is my first post. I sent a message through Nelnet's "contact us" on their site. I have late payments from August 2010 through 2012. I asked them to remove them early if possible. I know August is right around the corner but I'm anxious to get these off. I want to purchase a home this Summer. Anyone ever have any luck getting these of their report with Nelnet?

Valued Member
Posts: 37
Registered: ‎02-03-2016
0

Re: Nelnet Late Payment Removal

Welcome to the forums. I just paid off Nelnet and all throughout my time paying I tried to get lates removed. They would not budge. I hope you fair better. 



EX08 737 EQ08 715 TU08 730 Total Credit Line: $46,100Utilization: 4%Inquiries: EQ2 EX1 TU4
New Visitor
Posts: 2
Registered: ‎02-24-2017
0

Re: Nelnet Late Payment Removal

I have the same issue! I have called many times and the said the only way they will remove them is if I was in school or miliarty during that time. Which I wasn't. 

I am going to be sending a goodwill letter monday...hopefully that will help

Frequent Contributor
Posts: 279
Registered: ‎12-07-2014
0

Re: Nelnet Late Payment Removal

May have better luck getting early exclusion thru the 3 individual credit companies. Search the board for early exclusion.
Established Contributor
Posts: 986
Registered: ‎02-11-2016
0

Re: Nelnet Late Payment Removal

Good luck. I"ve tried to get lates from 2013 removed for the past 13 months. Nelnet will not budge.



April'17: EX 706 | TU 696 | EQ 676 -- Starting (2/2016): 630 | 620 | 580 -- INQs: 15 | 24 | 27
AMEX Delta: $10k, Discover IT: $6k, AMEX BCE: $6k, Marvel: $5k, CO QS: $2.6k, Merrick: $1.6k, Barclay's NFL Rewards: $1.3k, CO BuyPower: $500. And a mix of well-loved store cards.
New Member
Posts: 4
Registered: ‎08-10-2016
0

Re: Nelnet Late Payment Removal

Thanks everyone for your feedback all very informative. I'm still waiting for a response....of course. I'll be back with an update when I get one! Thank you again!

Valued Contributor
Posts: 1,666
Registered: ‎06-30-2016
0

Re: Nelnet Late Payment Removal

 Been trying to get lates GW'd off for 2 years every month or so. No luck here. GL


EX08 659 EQ08 660 TU08 695 Starting: mid 300'sGoal: 700
New Contributor
Posts: 90
Registered: ‎12-07-2011
0

Re: Nelnet Late Payment Removal

I had numerous 120+ day lates from 2010 and 2011 on SL from Nelnet and ACS. I tried numerous times to get them to GW the lates but they wouldn't budge. But in October I was still able to secure a home loan through an FHA loan with a 3.25% interest rate. Additionally I was approved for a conventional mortage with a 3.75% rate, so there is home ownership hope despite old SL lates.

 

The only negative things on my credit report were the old student loan lates and inquiries. I just had to write an explanation for the lates when my file went to underwriting.

 

Frankly it's still really frustrating that the SL loan lates are on my file, but there is really nothing I can do. They will begin to age off this summer and finish aging off next year. I literally can't wait.

 

Chase CSR 22,000 | Chase Freedom Unlimited 13,000 | Chase CSP 10,000| USAA Cash Back $7,000 | AA Silver Aviator Card $10,000 | AMEX Everyday $9,000 | Chase Freedom $3,000 | Capital One Cash Rewards $4,000 | Discover IT $4500 | Nordstrom Store Card $2000
New Member
Posts: 4
Registered: ‎08-10-2016
0

Re: Nelnet Late Payment Removal

This gives me great hope!
It's super frustrating I'm happy mine will finally begin to fall off this Summer as well. Thank you so much for sharing!!
Established Member
Posts: 12
Registered: ‎12-07-2016
0

Re: Nelnet Late Payment Removal

That's such a relief to hear. The way my student loans are/were organized, it shows at 9 separate accounts with serious delinquency, even though they've been rehabbed and are current again -- it's absolutely killing my credit score. I've been working my butt off to pay off collections and charge-offs from a few years ago, and everything else that can be caught up is, but Nelnet just will not budge on those late marks. The SO and I were planning to try to buy a house in the near future, so it's good to hear there's a way to work around them.

 

Did you have any other negative marks that you'd already cleaned up when you went for your mortgage, or just the student loans? (I know you said it was the only negative thing showing; but were there any things you'd already fixed, or had you just not had anything else?) Were your lates on the SLs also showing across seperate accounts like mine seem to be doing?


kats_rebuild wrote:

I had numerous 120+ day lates from 2010 and 2011 on SL from Nelnet and ACS. I tried numerous times to get them to GW the lates but they wouldn't budge. But in October I was still able to secure a home loan through an FHA loan with a 3.25% interest rate. Additionally I was approved for a conventional mortage with a 3.75% rate, so there is home ownership hope despite old SL lates.

 

The only negative things on my credit report were the old student loan lates and inquiries. I just had to write an explanation for the lates when my file went to underwriting.

 

Frankly it's still really frustrating that the SL loan lates are on my file, but there is really nothing I can do. They will begin to age off this summer and finish aging off next year. I literally can't wait.

 


 

Started at FAKO-TU: 462 | EQ: 474 in Jan '16
Currently at FAKO-TU: 660 | EQ: 686 FICO-EX: 633 (Apr '17)

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.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* 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.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

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.