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USAA Bank GW letter

sxh2478
Established Member

USAA Bank GW letter

Just wondering if anyone has ever had any success with a GW letter to USAA? I sent a GW via email &was rejected. I really need this baddie off my CR.

Starting Score - 521 (03/16/10)
Current Score - 569 (05/15/10)
Goal - 700+
Message 1 of 24
23 REPLIES 23
RobertEG
Legendary Contributor

Re: USAA Bank GW letter

What they want to hear is a reason that is to their benefit, and not just for yours, of why they should delete prior, accurate reporting.

Deletion of prior, accurate reporting is something that the entire credit industry frowns upon, so you must give them a "greed motive" that benefits them.

They are not usually purveyors of good will for your benefit, but rather for theirs.

What was the basis for your GW request?

Message 2 of 24
sxh2478
Established Member

Re: USAA Bank GW letter

I don't really have a sob story like some. Truthfully I was young (18 yrs old & 1st CC) and did know how to use credit responsibly. I am 26 know and have really learned a lesion or two about financial responsibility.

Starting Score - 521 (03/16/10)
Current Score - 569 (05/15/10)
Goal - 700+
Message 3 of 24
O6
Senior Contributor

Re: USAA Bank GW letter


@sxh2478 wrote:

Just wondering if anyone has ever had any success with a GW letter to USAA? I sent a GW via email &was rejected. I really need this baddie off my CR.


In my experience USAA is a tough nut to crack. 

 

When will the baddies fall off your credit report?

IAALBNYL
Message 4 of 24
RobertEG
Legendary Contributor

Re: USAA Bank GW letter

sxh, tht is the VERY thing that could help your GW letter, and not hurt it.

They dont want to hear the old "my wife just left me, my dawg just died, I lost my job, the roof is a'leaking" stuff.  That just paints you as a worse, and not better, credit risk.

What they want to hear is your years of future profit potential from you by sticking with them.  Sure, you have to do some minimal "mea culpa," but being now paid, and recognizing your youthful credit indiscretions, having a solid job with growth, years of potential credit with them, loving their prior service, BS about wanting to keep them as your primary source of future credit, etc., are what I would emphasizxe.

Their internal GW to their potential profit margin is a real GW letter, not humanitarian GW to you. 

Message 5 of 24
sxh2478
Established Member

Re: USAA Bank GW letter

I mentioned most of what you suggested and still got shot down. Should I continue to send them a GW letter? If I do continue to send GWs should I send the same letter everytime or write a new letter?

Starting Score - 521 (03/16/10)
Current Score - 569 (05/15/10)
Goal - 700+
Message 6 of 24
llecs
Moderator Emeritus

Re: USAA Bank GW letter

You'll miss 100% of the shots you don't take. It only costs a few stamps and a little time.

Message 7 of 24
sxh2478
Established Member

Re: USAA Bank GW letter

Well, I PIF back in 2005 (didn't know about PIDs) so I guess sometime in 2012. I sent an email GW and a snail mail GW on 05/05/10. Got a response the next day from my email GW. Do you think they will respond the same way to my snail mail GW?

Starting Score - 521 (03/16/10)
Current Score - 569 (05/15/10)
Goal - 700+
Message 8 of 24
llecs
Moderator Emeritus

Re: USAA Bank GW letter

IME, snail mail always worked better than e-mail (FTR, I've never dealt with USAA).

Message 9 of 24
O6
Senior Contributor

Re: USAA Bank GW letter


@sxh2478 wrote:

Well, I PIF back in 2005 (didn't know about PIDs) so I guess sometime in 2012. I sent an email GW and a snail mail GW on 05/05/10. Got a response the next day from my email GW. Do you think they will respond the same way to my snail mail GW?


Are you on active duty?

 

 

IAALBNYL
Message 10 of 24
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