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Navient

Grneyedgal
Established Member

Navient

Has anybody had success with Navient removing late student loan payments reported to the credit bureaus because of a Goodwill letter? 

 

I have consolidated my student loans so now I have 1 student loan and 9 closed student loans that are reporting as closed but still reporting as derogatory due to missed payments. 

 

I cannot increase my score regardless of what I do because of those derogatory lates still reporting even though those student loan accounts are closed. I thought writing a Goodwill letter to Navient would help me get them removed? 

3 REPLIES 3
LaHossBoss
Senior Contributor

Re: Navient


@Grneyedgal wrote:

Has anybody had success with Navient removing late student loan payments reported to the credit bureaus because of a Goodwill letter? 

 

I have consolidated my student loans so now I have 1 student loan and 9 closed student loans that are reporting as closed but still reporting as derogatory due to missed payments. 

 

I cannot increase my score regardless of what I do because of those derogatory lates still reporting even though those student loan accounts are closed. I thought writing a Goodwill letter to Navient would help me get them removed? 


Since you are still technically paying on those loans (even though they are now consolidated), I believe the higher education act forbids the removal of lates (accurate reporting). I know some get lucky after they are paid off with GW requests, but the servicers will not likely do it while you are still paying on them.




Starting Score: 2•20 | EQ 550 | TU 498 | EX 505
Current Score: 7•21 | EQ [F8 645] [F9 651] [EQ5 684] [VS3 630] | TU [F8 717] [F9 692] [TU4 723] [VS3 643] | EX [F8 714] [F9 675] [EX2 681] [VS3 674]
Goal Score: 670 [X] TU [X] EX

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SO Starting Score: 2•20 | EQ 502 | TU 484 | EX 521
SO Current Score: 7•21 | EQ [F8 670] [F9 622] [EQ5 706] [VS3 639] | TU [F8 676] [F9 673] [TU4 652] [VS3 620] [VS4 598] | EX [F8 707] [F9 711] [EX2 680] [VS3 656]
Goal Score: 670 [X] TU [X] EX




Message 2 of 4
calyx
Super Contributor

Re: Navient

@LaHossBoss is correct.

There are a couple of servicers who have been known to do goodwill removals (rarely, but it's happened), though technically in violation of the HEA.   Navient is not one of them.

F8 EQ: 804 | EX: 781 | TU: 782 | Accounts: 2/6 3/12 7/24 | Reporting: AZE10
Happy practitioner of AZE7or8or9or10 | Team Finances > FICO
Message 3 of 4
babygirl1256
Valued Contributor

Re: Navient

Wow, that's a bummer!

Starting FICO 8 Score in 06/2019: EQ-625, TU-649, EX-640
Current FICO 8 Score in 06/2021: EQ-796, TU-806, EX-812
Goal FICO 8 Score in 06/2022: EQ-825, TU-850, EX-850
Message 4 of 4
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