@Ambherandr wrote:Hello all. I started my journey to repair my credit a year ago and have made a lot of progress. The only thing holding me back are late payments for my Fedloan Student Loans. I have multiple and at one point, they were consolidated. However, I missed a few payments for one, in turn, those late payments are reflected for all of them. I have tried to dispute them but that ended up lowering my score since they update the comments. I am currently in school, so I am deferred for now. I have tried calling FedLoan directly but they haven't budged.
I did speak with someone who repairs credit and they said they have been able to have the late payments removed, you just have to keep calling.
Has anyone had any success in removing late payments and if so, how did you go about it?
Hi and welcome to the forums.
For Federal Student Loans - unlikely. Goodwill adjustment letters / requests don't usually work for federal student loans (due to HEA). Those that have been able to remove late payments have done so for loans that have been paid off for a couple of years as HEA no longer applies at that point.
Are the late payments on the old, closed tradelines (pre-consolidation) or the consolidated tradeline?
@Ambherandr wrote:Thanks for the info. There are late payments on both the pre-consolidated and the current ones. The most recent one is two years ago, but it still makes my credit look hideous 😩. I'm really hoping to get a house this fall.
Maybe try to Goodwill the lates on the pre-consolidated loans? It'd be worth a shot... you never know, you may be successful and a few less late notations would still be an improvement... even if the more recent ones remain.
