topic Re: GW Letters in Rebuilding Your Credit

GW Letters

Anonymous — Wed, 29 Apr 2009 14:55:47 GMT

If your first GW letter gets ignored, or you get a letter back saying they have to report and cannot delete accurate information, do you continue to send the same letter out?

Have you ever changed up the wording?

Re: GW Letters

TheRealT — Wed, 29 Apr 2009 16:41:22 GMT

You asked the exact question I was going to ask MrsQ. I'm not trying to hijack your thread, but I'll hang around and see what answers you get, if you don't mind.

The letter I got back was similar:

Dear xxxx,

Thank you for your letter regarding your credit reporting. We are required by law to report all information accurately. After reviewing our records we have reported everything accurately. Unfortunately, we are unable to correct any of your credit at this time.

If you have any other questions then please feel free to contact me.

Thank you,

Re: GW Letters

BungalowMo — Wed, 29 Apr 2009 16:52:46 GMT

The truth of the matter...IF they report, it must be accurate. BUT...they don't HAVE to report.

That's why some TL's are on some reports & not others.

Re: GW Letters

Anonymous — Wed, 29 Apr 2009 17:29:47 GMT

@TheRealT wrote:
You asked the exact question I was going to ask MrsQ. I'm not trying to hijack your thread, but I'll hang around and see what answers you get, if you don't mind.

The letter I got back was similar:

Dear xxxx,
Thank you for your letter regarding your credit reporting. We are required by law to report all information accurately. After reviewing our records we have reported everything accurately. Unfortunately, we are unable to correct any of your credit at this time.

If you have any other questions then please feel free to contact me.

Thank you,

Nope I dont mind. Hopefully I can get an idea or two regarding my next round of letters.

Re: GW Letters

BungalowMo — Wed, 29 Apr 2009 17:37:49 GMT

What are you trying to get removed? What's your DOFD & is this for an OC or a CA?

Is it already PIF, or do you owe?

Re: GW Letters

Anonymous — Wed, 29 Apr 2009 18:03:46 GMT

@BungalowMo wrote:
What are you trying to get removed? What's your DOFD & is this for an OC or a CA?

Is it already PIF, or do you owe?

These are all good accounts, except I was late once on them (2) in Sept 2008 and one in November 2007.

Re: GW Letters

llecs — Wed, 29 Apr 2009 18:06:24 GMT

MrsQ wrote:

If your first GW letter gets ignored, or you get a letter back saying they have to report and cannot delete accurate information, do you continue to send the same letter out?

Have you ever changed up the wording?

I change mine up every 30 days and will cycle through 4-5 different sets of letters every 4 months or so. I always keep them under 3/4 page and usually set it for 1/2 of a page. Sometimes boredom sets in and I'll draft GWs for the heck of it. I ignore everything they say, unless it is a "Yes".

Re: GW Letters

Anonymous — Wed, 29 Apr 2009 18:07:16 GMT

@llecs wrote:
@Anonymous wrote:
If your first GW letter gets ignored, or you get a letter back saying they have to report and cannot delete accurate information, do you continue to send the same letter out?

Have you ever changed up the wording?

I change mine up every 30 days and will cycle through 4-5 different sets of letters every 4 months or so. I always keep them under 3/4 page and usually set it for 1/2 of a page. Sometimes boredom sets in and I'll draft GWs for the heck of it. I ignore everything they say, unless it is a "Yes".

Would you mind posting a copy or format?

Re: GW Letters

BungalowMo — Wed, 29 Apr 2009 18:12:53 GMT

@llecs wrote:
Sometimes boredom sets in and I'll draft GWs for the heck of it.

I can see it now...when you actually need one, you scatter them face down on the floor & let your Kitty Cat pick one! MRRRROOOOWWWWW...this one this one!

Re: GW Letters

llecs — Wed, 29 Apr 2009 18:32:51 GMT

BungalowMo wrote:
@llecs wrote:
Sometimes boredom sets in and I'll draft GWs for the heck of it.

I can see it now...when you actually need one, you scatter them face down on the floor & let your Kitty Cat pick one! MRRRROOOOWWWWW...this one this one!

Fluffy means business

Re: GW Letters

llecs — Wed, 29 Apr 2009 18:33:52 GMT

MrsQ wrote:
Would you mind posting a copy or format?

No problem. I'm actually at my office. Give me a few.

Re: GW Letters

llecs — Wed, 29 Apr 2009 19:27:15 GMT

OK, here's a couple. Aside from the ones I used below, check out GW this ... Support Group. For the interest of space, I squished it all together and omitted references like acct. numbers, names, etc.

________________

To Whom It May Concern:I am writing today to ask for a goodwill adjustment in removing two late payments listed on my credit report from April 2002 and June 2002. While these are over six years old, and they are due to fall off my credit reports come next April, my wife and I are applying for our first mortgage and could use all the help we can get.

Thanks in advance,

______________

To Whom It May Concern:Good day, I had been a xxxxxx customer from late 2001 to August 2002 and during that time I have had nothing but the best customer service and I have heard nothing but praise for your cards. Unfortunately I am not writing to commend you on your great customer service but about late payments on my account. The account in question, account # xxxxxx, was opened in 2001. During the time the account was opened, my family and I underwent some unforeseen financial difficulties through different job changes. Although I tried my best to fulfill my obligation to xxxxxxx, I was unable to maintain the monthly payments in a timely manner. During this period, I was late over a period of 3 months. After 90 days, I was able to recover and pay the account in full, at which time I closed the card to prevent any future late payments.I believe that the late payments that are not a good indicator of our actual credit worthiness. I am asking and hoping that due to my overall history with your organization and after this account was paid in full, that you would make a goodwill adjustment to your reporting of my accounts to the three credit bureaus, TransUnion, Experian and Equifax. We hope that xxxxxx is willing to work with me on erasing these marks from my credit reports.

Thanks in advance,

________________

To Whom It May Concern:

Thank you! Thank you for taking the time to read this letter and considering our request.

We ran into a financial brick wall back in 2004 and early 2005. During that time we made a number of mistakes and one of those was being late with our payments to xxxxxxxx. Our credit reports show several lates during that period. Since that point, we recovered and paid on our loan with timely payments and even paid it off early.

We are writing today with hopes you would consider removing the late payments listed on our reports. We are looking to buy our first home come this fall and we would appreciate the help.

Thanks in advance,

_________________

To Whom It May Concern:

OK, I made a mistake! It was my fault that I let my xxxxxx credit card get charged-off. While I did lose my job during that period, in retrospect, there's family I could have called on for assistance.

Fast forward to five years, I have a greater appreciation for credit, finances, and money management. Knowing what I know now, I would never let things get out of hand like they did. I hope xxxxxx can forgive me. I have wised up and have a pristine credit report with the exception of this account and one other.

I am writing today to ask for forgiveness by removing the lates and charge-off remark from my credit reports. I paid the debt off and am looking to set things straight.

Thanks in advance,

Re: GW Letters

Anonymous — Wed, 29 Apr 2009 20:05:02 GMT

@llecs wrote:
OK, here's a couple. Aside from the ones I used below, check out GW this ... Support Group. For the interest of space, I squished it all together and omitted references like acct. numbers, names, etc.

________________

To Whom It May Concern:I am writing today to ask for a goodwill adjustment in removing two late payments listed on my credit report from April 2002 and June 2002. While these are over six years old, and they are due to fall off my credit reports come next April, my wife and I are applying for our first mortgage and could use all the help we can get.
Thanks in advance,

______________
To Whom It May Concern:Good day, I had been a xxxxxx customer from late 2001 to August 2002 and during that time I have had nothing but the best customer service and I have heard nothing but praise for your cards. Unfortunately I am not writing to commend you on your great customer service but about late payments on my account. The account in question, account # xxxxxx, was opened in 2001. During the time the account was opened, my family and I underwent some unforeseen financial difficulties through different job changes. Although I tried my best to fulfill my obligation to xxxxxxx, I was unable to maintain the monthly payments in a timely manner. During this period, I was late over a period of 3 months. After 90 days, I was able to recover and pay the account in full, at which time I closed the card to prevent any future late payments.I believe that the late payments that are not a good indicator of our actual credit worthiness. I am asking and hoping that due to my overall history with your organization and after this account was paid in full, that you would make a goodwill adjustment to your reporting of my accounts to the three credit bureaus, TransUnion, Experian and Equifax. We hope that xxxxxx is willing to work with me on erasing these marks from my credit reports.
Thanks in advance,
________________

To Whom It May Concern:
Thank you! Thank you for taking the time to read this letter and considering our request.
We ran into a financial brick wall back in 2004 and early 2005. During that time we made a number of mistakes and one of those was being late with our payments to xxxxxxxx. Our credit reports show several lates during that period. Since that point, we recovered and paid on our loan with timely payments and even paid it off early.
We are writing today with hopes you would consider removing the late payments listed on our reports. We are looking to buy our first home come this fall and we would appreciate the help.
Thanks in advance,

_________________

To Whom It May Concern:
OK, I made a mistake! It was my fault that I let my xxxxxx credit card get charged-off. While I did lose my job during that period, in retrospect, there's family I could have called on for assistance.
Fast forward to five years, I have a greater appreciation for credit, finances, and money management. Knowing what I know now, I would never let things get out of hand like they did. I hope xxxxxx can forgive me. I have wised up and have a pristine credit report with the exception of this account and one other.
I am writing today to ask for forgiveness by removing the lates and charge-off remark from my credit reports. I paid the debt off and am looking to set things straight.
Thanks in advance,

Thanks so much!