https://ficoforums.myfico.com/t5/Student-Loans/Best-option-for-late-Great-Lakes-payments/m-p/4461325#M19646 <P>Hello,</P><P>I currently have two loans from the US Department of Education that have been consolidated to Great Lakes. &nbsp;I have a 120 day late payment on my loans from January 2014. &nbsp;At the time I was under the impression that my student loan payments were deferred. &nbsp;As soon as I found out that I had missed several payments I immediately paid the amount due and have been paying them off on time ever since. &nbsp;( There was a deferred period in 2015 because I was back in school). Yesterday I signed up with myFico and noticed that the thing keeping my credit score lower (658) is the the delinquent account. &nbsp;My question is, should I try and send a GW letter to Great Lakes and explain my situation? This is my first time disputing anything on my credit report so I dont really know how to go about it. &nbsp;I am currently trying to get a mortgage and any help/advice would be greatly appreciated!&nbsp;</P> Thu, 18 Feb 2016 00:39:55 GMT Anonymous 2016-02-18T00:39:55Z https://ficoforums.myfico.com/t5/Student-Loans/Best-option-for-late-Great-Lakes-payments/m-p/4461325#M19646 <P>Hello,</P><P>I currently have two loans from the US Department of Education that have been consolidated to Great Lakes. &nbsp;I have a 120 day late payment on my loans from January 2014. &nbsp;At the time I was under the impression that my student loan payments were deferred. &nbsp;As soon as I found out that I had missed several payments I immediately paid the amount due and have been paying them off on time ever since. &nbsp;( There was a deferred period in 2015 because I was back in school). Yesterday I signed up with myFico and noticed that the thing keeping my credit score lower (658) is the the delinquent account. &nbsp;My question is, should I try and send a GW letter to Great Lakes and explain my situation? This is my first time disputing anything on my credit report so I dont really know how to go about it. &nbsp;I am currently trying to get a mortgage and any help/advice would be greatly appreciated!&nbsp;</P> Thu, 18 Feb 2016 00:39:55 GMT https://ficoforums.myfico.com/t5/Student-Loans/Best-option-for-late-Great-Lakes-payments/m-p/4461325#M19646 Anonymous 2016-02-18T00:39:55Z https://ficoforums.myfico.com/t5/Student-Loans/Best-option-for-late-Great-Lakes-payments/m-p/4461674#M19652 <P>You can always try a goodwill letter. &nbsp;It might not work, but there's also a chance that it will work. &nbsp;You can find examples and success stories by searching this forum, and also the Rebuilding Your Credit forum.</P> Thu, 18 Feb 2016 04:48:03 GMT https://ficoforums.myfico.com/t5/Student-Loans/Best-option-for-late-Great-Lakes-payments/m-p/4461674#M19652 SCF 2016-02-18T04:48:03Z