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Should I Goodwill to Remove Lates?


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I have reconsolidated student loans. Upon reconsolidation, the company listed my account with their name on EQ and EXP; but listed as a bank they use on TU. In school, so loans are deferred until 6/09. I have a 60 day late AUG06 with reported on TU and EQ. Already disputed. Of course verified. I was thinking of using the angle of credit discourse caused by debt to income ratio by having two different listings amongst the 3 CRAs. They corrected name on TU. Should I use a goodwill with this tradeoff approach? Double listing to delete derrogatories? OR standard goodwill?

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In my case, I contacted my State Senator. State Senator asserted "no" I cannot help you. In reality, lates were removed one day after the letter I received from the Senator.

Was next to impossible to get the lates removed, but I got it done. I don't know if this will work for anyone else.

My lates were not being reported correctly, and Student Loans took the disposition that even though my forebearance retroactively covered prior lates for 2 months prior that I was still in fact late. I didn't see it that way, and neither did someone else apparently.

Hope this helps.

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Retroactive forebearances do not apply to past lates. This is standard with student loans. It is the borrowers responsiblity to file for deferments/forebearances before any payments are late. IMHO retro forebearances are not worth the paper they are written on.

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Retroactive forebearances do not apply to past lates. This is standard with student loans. It is the borrowers responsiblity to file for deferments/forebearances before any payments are late. IMHO retro forebearances are not worth the paper they are written on.

*FREEDOM OF SPEECH*

Not necessarily true. State Senator/DOE obviously thought otherwise as stated in my last post. If retro forebearances aren't worth anything, why was the DOE so reluctant to provide me with one?

I think it's because that the CRA/OC might be held liable if you could show the judge evidence that your loan was deferred/put into forebearances retroactively.

Might not win, but I am willing to take that to small claims court in my jurisdiction.

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If it's a double listing, then dispute with the CRA. Doubles are only allowed when it's an OC and a CA.

If there's also a valid late, yes, trying GW.

Pretty sure SLs can be triple listed, depending on current situation. If you default, the SL will be listed by OC, guarantor, and CA. Once I rehabbed my loans, only my OC TLs remained and I have a new TL from the new consolidation holder.

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  • 4 weeks later...
In my case, I contacted my State Senator. State Senator asserted "no" I cannot help you. In reality, lates were removed one day after the letter I received from the Senator.

Was next to impossible to get the lates removed, but I got it done. I don't know if this will work for anyone else.

My lates were not being reported correctly, and Student Loans took the disposition that even though my forebearance retroactively covered prior lates for 2 months prior that I was still in fact late. I didn't see it that way, and neither did someone else apparently.

Hope this helps.

Can you post a copy of the letter you sent your state senator please?

Thanks

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I have a student loan with Great Lakes Higher Education and I have alot of lates being reported. So I decided to goodwill them, I just sent the letter out yesterday. I will keep u posted on the results.

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I have a student loan with Great Lakes Higher Education and I have alot of lates being reported. So I decided to goodwill them, I just sent the letter out yesterday. I will keep u posted on the results.

You wasted a stamp. Great Lakes follows the rules of reporting.

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  • 2 weeks later...
My job did! oops! lol! I guess anything is possible. I'll just have to see.

Oh goodie. You messed up your credit and now you want to try to get fired too. You may want to learn to evaluate cost and benefit. Saving 39 cents to risk a job is probably not the best of decisions. Good luck in the future.

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Oh goodie. You messed up your credit and now you want to try to get fired too. Good luck in the future.

So I'm assuming your credit is spotless oh! you have A1 credit right and you're here giving your expertise on how to maintain excellent credit. I was merely making a joke about the stamp and I doubt I will get fired because you know why, I did get permission from my boss. So before you start passing judgment on people please get all the facts. Good luck to you also.

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