hopelesscred

Mortgage LATES REMOVED!!!

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I have been sending GW letters monthly to my mortgage co and after 6 or seven letters or so....they finally removed ALL of my lates--EQ and EX lates gone...TU still reporting but I will wait a few days as they could be slow. No fico boost yet...but that usually takes a few days or so.

Persistence paid off...what did it?---a letter to the CEO. On my previous letters I kept getting form letters from their credit dept "no we can't change..blah, blah...."...yeah right...

hopefully TU updates tomm :D

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What is GW?

GoodWill letter.

Go HERE for a list of the abbreviations we use all the time around here.

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Most folks get impatient with GW..this is my first successful one and it was extremely difficult...I have been writing since June..six or seven letters later, I now have a clean mortgage TL with a perfect history.

Here are some pointers:

Be persistent...writing to their credit dept got me nowhere...CEO office. deletion

Stay away from form letters--need to write a personal note since u are at their mercy.

Lastly--I am sure the current mortgage debacle may have helped a little.

I simply told them I screwed up and I have taken steps to correct my past mistakes, ended the letter with the usual embellishments..."you have been a great mortgage co...the very best...and I look forward to many years..."

They now have a very loyal customer.

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I have been sending GW letters monthly to my mortgage co and after 6 or seven letters or so....they finally removed ALL of my lates--EQ and EX lates gone...TU still reporting but I will wait a few days as they could be slow. No fico boost yet...but that usually takes a few days or so.

Persistence paid off...what did it?---a letter to the CEO. On my previous letters I kept getting form letters from their credit dept "no we can't change..blah, blah...."...yeah right...

hopefully TU updates tomm :D

AWWESOME!!! ::BigDance::

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Congrats! :mrgreen:

Care to name the company? I'm more inclined to do business with companies that treat their customers like more than an entry in a ledger somewhere.

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I have been sending GW letters monthly to my mortgage co and after 6 or seven letters or so....they finally removed ALL of my lates--EQ and EX lates gone...TU still reporting but I will wait a few days as they could be slow. No fico boost yet...but that usually takes a few days or so.

Persistence paid off...what did it?---a letter to the CEO. On my previous letters I kept getting form letters from their credit dept "no we can't change..blah, blah...."...yeah right...

hopefully TU updates tomm :D

Awesome! thats great news ..

Yeah never take no for an answer. TU does update slow, I bet they update it may just take longer.

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Thank you all...TU did finally update...

Company is First Horizons and they have a customer for life....:D

They don't sell their paper and have always treated me with the utmost care and respect....I got in trouble with my mortgage 2.5 years ago..They lowered my rate to 5.87% from 7.5% and rolled the past due payments back into the loan...During the process--the rep was very supportive ...I messed up again--like an idiot, 12 months ago with a 30 day late...

I started writing GW letters in June and kept getting denied---two weeks ago after my sx denial--I decided to appeal to the CEO and that did it..

I now have a 7 year old mortgage TL with perfect payment history :lol:

Sadly no FICO boost...perhaps my new macys 200 CL is hurting me at this point..no matter I have other baddies to remove.

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Did you just address it to CEO or did you call to find out the CEO's name?

Congratulations!

Rhonda

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