New Member
Posts: 2
Registered: ‎06-09-2007

Goodwill Letter Accepted

I wrote a goodwill letter to two creditors and it has already been accepted by one.  They sent me correspondance back saying that they had reported my info to the 3 credit bureaus.  Should I still send that letter to the 3 bureaus to expedite my credit score changing?
How long does it take for the bureaus to update their info?
Frequent Contributor
Posts: 436
Registered: ‎06-15-2007

Re: Goodwill Letter Accepted

I would initiate a dispute online as "incorrect." That will be faster than waiting.
Established Contributor
Posts: 858
Registered: ‎06-26-2007

Re: Goodwill Letter Accepted

I didn't dispute when it came to Countrywide.  I had the letter in hand and I went straight to the fax machine and sent the letter to their priority processing department and my credit report updated quite fast and I got copies of the credit reports and responses back from the CRA's faster than the usual 30-45 days for disputes.
Moderator Emeritus
Posts: 9,252
Registered: ‎03-19-2007

Re: Goodwill Letter Accepted

Let it go though the reporting cycle unless you are in the middle of a Re-fi or another major purchase.

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