@CreditSage wrote:I don't quite follow your advice regarding not disputing it but sending GW letters...
Is sending GW letters considered a dispute? They all say Paid for less than full balance generally speaking (semantics). Should I be sending GW to all of them? Please elaborate on this.
A GW letter is not a dispute though some creditors take it as a dispute and update their TL to indicate its being disputed when in fact that is not what you are doing. All I was saying is be careful even with a GW letter, make sure you say its not a dispute but a request to have the TL removed or an individual late in an otherwise good account.
GW letters always go to whatever entity is reporting on your CR. If there is an OC and a CA on the same account then you would send a GW letter to both.
@CreditSage wrote:Got it, thanks. From what I know BoA and Wells Fargo are about the hardest to get GW success with there is. Do you have any idea how much this could be holding back my score?
The presence of a CO can be substantial depending on ones overall profile, as it ages back in time the hit is lessened but its likely to cause you to max out around 750 until your file becomes clean.