You can see the gap in my scores. That's my last late falling off, and will be all 3 soon. 750 isn't bad and I'm not at all doing AZEO + my loans are on the forgiveness track (100% util). The late doesn't have to hold you back as much as long as you optimize the rest of your profile. Then when a few years passes by, you check your score in an oxygen bar on Mars and it's gone! 🙂
Unfortunately, I think that you had lates that were worse than what were showing. So from quickly re-reading the advice, we advised you wait it out and try for an early Exclusion 6 months before the 7 years is up. I saw someone has success with this with their federal student loans. I have not seen anyone have success with a goodwill letter so far because they are legally required to report lates (higher education act). I could be wrong though.
@Chandler455 wrote:As everyone else said if you were ever actually late do not dispute federal loans they can and will dig up anything to punish you for disputing, I disputed mine in December and they updated to Equifax some bs that in retrospect my account was 90 days late a month earlier than had been reported for 6 years and 2 months and Equifax tried to say the DoFD was now December 2019 like wut how can something be first delinquent 6 years after it supposedly happened, I called FedLoan they said someone had done a manual adjustment to my account, luckily the lady I talked to was extremely nice and agreed if I provided a written agreement that the prior reporting was accurate and attested to the fact I would not dispute again, she would furnish me with a document stating the updated reporting was incorrect and roll it back to how it originally was, I did and she lived up to her end of the bargain, I faxed it to Equifax and it fixed it I learned the hard way NEVER dispute while it's bs they can pull the old we gave you retroactive forbearance but won't remove the lates it's their rules
Wow! That is terrible! They make you sign that you will never dispute again "or else"? I mean, don't get me wrong. It worked out for you that they removed the extra lates, but that is inaccurate reporting, and sad that they are willing to "fix it" in lieu of you making such an agreement. What if there is something to actually dispute down the road? They will have taken that from you.
I don't deny, again, that it sort of worked out for you in the end, but wrong of them for what they asked for in return.
Starting Score: 2•20 | EQ 550 | TU 498 | EX 505
@Chandler455 wrote:As everyone else said if you were ever actually late do not dispute federal loans they can and will dig up anything to punish you for disputing, I disputed mine in December and they updated to Equifax some bs that in retrospect my account was 90 days late a month earlier than had been reported for 6 years and 2 months and Equifax tried to say the DoFD was now December 2019 like wut how can something be first delinquent 6 years after it supposedly happened, I called FedLoan they said someone had done a manual adjustment to my account, luckily the lady I talked to was extremely nice and agreed if I provided a written agreement that the prior reporting was accurate and attested to the fact I would not dispute again, she would furnish me with a document stating the updated reporting was incorrect and roll it back to how it originally was, I did and she lived up to her end of the bargain, I faxed it to Equifax and it fixed it I learned the hard way NEVER dispute while it's bs they can pull the old we gave you retroactive forbearance but won't remove the lates it's their rules
I always highly, HIGHLY recommend against disputing SL lines unless you have a mountain of evidence. It always seems to go wrong, and SL servicers can be brutal.
I got burned not realizing I was initiating a dispute (I just wanted more information, I was *not* disputing, just trying to figure something out).
