Re: HELP! Score dropped 80+ pts. due to Fed. Student loans mistake!
10-10-2012 01:14 AM
I'm sorry to say, but I have had no success with getting SL lates deleted; they have to age off. I hate the way student loans report, btw. Even in consolidation, I still have 4 separate student loans reporting. AND, when you consolidate, they close the old ones and open brand new ones, so I now have 4 shiny new loans dragging down my AAoA, when some of them are from 15 years ago. Point being, consolidation isn't going to help you anyway.
Lesson I learned from student loans: It is my responsibility to keep up with my finances. It is not the lenders (or creditors) job to keep me informed.
I know it stinks, but it's not "not fair". It's a learning opportunity for you.
That said, write your GW letters anyway because you never know when you might land on the right person's desk.
Current Score: EQ 664 TU 700 EX 701 (FAKO)