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My first goodwill success!

Bayuze
Established Member

My first goodwill success!

Like everyone else, my finances were impacted by COVID-19 in early 2020. That led to late payments on my credit cards across multiple banks. I had given up and prepared to face the 7 year punishment because I thought nothing could be done. I have been making my regular payments since about April when things stabilized for me. I somehow stumbled on goodwill letters and came back to myFICO forums after a 5 year absence. 

 

I summoned the courage to send them out to 2 banks for starters (Citi - 3 cards and Capital One - 2 cards) in early January. I had read about the saturation strategy and was fully prepared to send out a new round in February. 

 

For CIti, I got a call in mid-January and was told they would research and get back to me. About a week later, they called me back and said specifically that they would take off the 30 day late on 1 card (so I still have lates on 2 cards pending). I checked my report last night and it was indeed gone. 

 

For Capital One, i received about 20 letters in the mail with the standard "we have to report accurately". No worries. About mid-January I got a call from the Exec Office saying they received my email and would research and get back to me. About a week after, I got a call from a nice gentle man saying they would be taking off the lates (i think there were about 4 or 5 in total) and it may take 15 days. I was so excited. I thought my credit monitoring apps (CK, CS) would alert me to the removal but I just randomly checked last night and they were gone!! 

 

Quick question - Citi wasnt really specific about whether they would call me back about the other 2 cards that still have lates. How soon should I reach back out to them? Did they just give me a one shot offer ie they will only remove lates for one card? Or do i still have a chance at goodwill adjustment for the other 2 Citi cards?

 

This great news has given me a huge boost of confidence as I work on rebuilding my credit through paying off my balances and getting these goodwill adjustments. I still have lates with DIscover, Amex, BoA, Chase and I know these are typically harder to goodwill. But keeping my fingers crossed

Message 1 of 24
23 REPLIES 23
AllZero
Mega Contributor

Re: My first goodwill success!

Congratulations on your EE success! I don't have an answer to your question. Hopefully, more experienced members can advise.

Message 2 of 24
Brian_Earl_Spilner
Community Leader
Mega Contributor

Re: My first goodwill success!

I really hope they take them off, especially if you got caught up. It's not fair for people to lose their jobs because of state ordered closures and then have to pay for it for the next 7 years.




Message 3 of 24
Credit4Growth
Valued Contributor

Re: My first goodwill success!


@Brian_Earl_Spilner wrote:

I really hope they take them off, especially if you got caught up. It's not fair for people to lose their jobs because of state ordered closures and then have to pay for it for the next 7 years.


I agree, edgier situations have been created and it is terribly unfortunate that many of us have to deal with.   

To @Bayuze congrats on the EE!

 

|| DTI 8% || Mortgage Scores: EQ724, Tu694, EX726 ||
Inquiries: EQ/TU/EX (0 / 2 / 1) - 0/6 - 0/12 - 3/24 ||


Next App on the list is ???
Last apps: (2) August 18, 2019
Garden goal - Unknown date, 2021
Going for Sapphire spade - May 18th 2021

Dirty/ Thick/ Aged/
Message 4 of 24
BAD_UP
Established Contributor

Re: My first goodwill success!

Congrats on you GW Success. I think you got a chance with the other Citi cards it wouldn't hurt to call and follow up. As for the other lates(Discover, Amex, BoA, Chase) go ahead you wouldn't know if you dont try. Good Luck👍




Starting Score: 541
Nov 15 2020 score: EQ FICO8 635, TU8 636, EX8 644
Dec 15 2020 score: EQ FICO8 633, TU8 658, EX8 661
Jan 15 2021 Score EQ FICO8 698, TU8 689, EX8 706
Feb15 2021 Score EQ FICO8 704, TU8 702 , EX8 712 Goal Score: All Scores 760+,

In the garden since 1/28/21
Recently App. 1/3/21 & 1/23/21
What will you attempt to do if you knew could not Fail?
Message 5 of 24
Nestrada27
Established Member

Re: My first goodwill success!

Congratulations!

 

I also have a few Capitol one lates I'd like to get off. Do you mind sharing the addresses you used and the gw letter if possible 

Message 6 of 24
Bayuze
Established Member

Re: My first goodwill success!

Check your DM @Nestrada27 

Message 7 of 24
Getty59
Regular Contributor

Re: My first goodwill success!

Congrats on the GWs! 👍

NFCU More Rewards: $23,100

NFCU Cash Rewards: 25,000


Capital One Venture: $10,250
Message 8 of 24
SupaWmn41
Valued Member

Re: My first goodwill success!

Congratulations!!! That is so amazing I'm rebuilding as well. I have 2 lates from Cap1 from 2015! I know I'm late in starting this process, but I Now find myself needing a new car so I would love to get these lates removed to see if I get a boost. Can I also get the email address please? 

Thank you! 





Message 9 of 24
MrsWalker
Established Member

Re: My first goodwill success!

Congrats on all your success! 

I'm on a similar path and have had tremendous success with GW emails to the higher ups, as well! 

Along with my congratulations, I'm coming to tell you to go after discover! They're doing a 2 month forgiveness due to covid right now, and all you gotta do is call and speak to a manager and plead your case. I did this, and they removed 2, which that's all was reporting, then a week later they reported another random one. I called in and they couldn't do anything so I emailed the executives office and they granted my request for the last removal. 

So, if you have only 2, a simple phone call should do you right. If you have more, I am more than happy to share with you the contact that worked for me. 

Cheers to even more success with building your credit! 

Starting scores in the mid 400s
Started paying down CU 6/2020
Started rebuild 1/2021
Current scores TU 710 EX 704 EQ 729
Goal for Q1 2021: 700 [Achieved 3/2/21]
Goal for 2021: 775

IA: Cap1 2017 ($2k) | Credit One 2017 ($800) | Disco 2017 ($1100) | NFCU 2021 ($3000) | Apple 2021 ($3000) | Amex HH 2021 ($4000) | Sync CC 2021 ($7200) | Sync Lowe’s 2021 ($17,000) | Comenity IKEA 2021 ($5500)

AU: 121 Credit Union 1994 ($21.5k) [Closed] | Amex 1991 ($33.5k) | Sears 2010 ($9k) [Closed] | Am Sig 2018 ($7.5k)

Chase Auto $27k 4.99%apr
NFCU Refi Auto $7k 3.99%apr

AAoA 7y | CU 36% | 8 Inquiries on each report
Message 10 of 24
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