I have been so inspired by the blogs in this forum that I am committed to starting over and rebuilding my credit. The only problem that I am having is that I have several late payments showing from Santander in the last 24 months. How should I go about sending my GW letter, mail or email? What exactly should I be asking for? I have read on some of these forums that Santander is good about deleting late payments for their customers. Also, I am going to pay my car off by the end of Dec., should I send the GW letter before or after I pay the car off?
I just got a secured credit card through my credit union (Vystar) for $1000 with a 13% APR. My plan is to get another secured card from BofA in the beginning of Jan. I have no other active credit cards or revolving CL's.
Starting FICO: 495 EQ
Goal Score: 640s (to start)
Starting Score: 495 (12/2012)
Starting Score: 0
Rumor has it Santander might be in a class action lawsuit. I can't say more . I am also in the midst of paying off my car loan from Santander this month , however I have errors on my account. But its good to start out with GW. The credit card is a good start, it raised my credit score instantly. You are lucky, my credit limit is at $500.00.
Starting Score: 565