Contributor
Davidngo
Posts: 85
Registered: ‎11-30-2011
Re: How likely is a lender to look past student loan lates?

Depends on how many you have. 

 

I had an isolated incident, thought my account was in forbearance, but wasn't.  Wham, a 90 day late shows up.  It was an isolated incident, and my LO said it was not a deal killer and just asked for a LOE and that was it.

MyFICO Pulled: (11/28/2012) EQ 635, TU 650, EX 661
Lender Pulled: (12/05/2012) EQ 635, TU 677, EX 641
Lender Pulled: (02/20/2013) EQ 667, TU 661, EX 648
MyFICO Pulled: (05/30/2013) EQ 712, TU 685, EX 686

Finally Hit the 700's as of 06/05/2013!!!