hambone 10 Posted January 11, 2008 Report Share Posted January 11, 2008 Back in 04 I was late on my student loans up to 120 days. I had several student loans out there with several companies and I had just moved to a new state after college. When I found out I was late I quickly consilidated them and have since defered them. On top of all that I was deployed to the middle east and it was just impossible to keep up with it all.What is the best move to get the late payments off my credit report?HELP!!!!! Link to post Share on other sites
LynnInMN 334 Posted January 11, 2008 Report Share Posted January 11, 2008 Time will heal. Lenders are required to report the by law. Link to post Share on other sites
hambone 10 Posted January 11, 2008 Author Report Share Posted January 11, 2008 Would disputing it be worth my time? Link to post Share on other sites
LynnInMN 334 Posted January 11, 2008 Report Share Posted January 11, 2008 On what grounds would you dispute it?? Keep in mind frivoulous disputes can backfire.....the lender can go back and look and see "oh he wasnt just 120 days late, he was 160...."Federal law requires the accurate reporting of all tradelines for student loans. Removing them would not be accurate reporting. Link to post Share on other sites
hambone 10 Posted January 11, 2008 Author Report Share Posted January 11, 2008 On the grounds that it is old and with another company now and maybe they don't feel like dealing with my constant dispute letters anymore. Link to post Share on other sites
LynnInMN 334 Posted January 11, 2008 Report Share Posted January 11, 2008 delete Link to post Share on other sites
hambone 10 Posted January 13, 2008 Author Report Share Posted January 13, 2008 When dealing with student loans are defaulted and 60 (90-120) days late on a payment the same thing? Link to post Share on other sites
teacherofec 10 Posted February 3, 2008 Report Share Posted February 3, 2008 I had a simular situation with my student loans I moved and didn't receive the notice. This was in 05 so I wrote wellsfargo a GW letter which the wrote back sorry but it remains. So after agruing with the CRA I decided to write a statement on the report stating that I did not receive a statement that they were due. Also the credit reporting people added that I disagred with the notation of late. So anyone pulling the report would know I felt it was incorrect. I don't know if it helped but that was the only thing I could do. Link to post Share on other sites
LynnInMN 334 Posted February 3, 2008 Report Share Posted February 3, 2008 delete Link to post Share on other sites
DSKinATL 10 Posted February 3, 2008 Report Share Posted February 3, 2008 I had a rough patch where I went 90 days late on a student loan. I applied for and was granted a 6 month deferment. It was retroactive back to the date I missed my first payment. So now I am up to date, but the TL still shows late payments. I disputed with the CRAs, and they came back as "updated" but nothing changed. The 90 day late is still there. Link to post Share on other sites
Big Time 396 Posted February 3, 2008 Report Share Posted February 3, 2008 I disputed (online) some old student loan lates a few years ago and EX deleted those months (as if they were never reported) after they got no response from the loan holder, TU deleted the entire TL after about a week and EQ finally updated the TL in question after I requested MOV via CMRRR when it took them 10 seconds to decide it was accurate.Lynn was a debt collector and seems to enjoy kicking people while they are down when they are only asking for help. It kind of turns me on, but most people don't appretiate it. Link to post Share on other sites
LynnInMN 334 Posted February 4, 2008 Report Share Posted February 4, 2008 delete Link to post Share on other sites
chilton1 50 Posted February 4, 2008 Report Share Posted February 4, 2008 OP I would just give it a shot and dispute as never late and see what happens. Link to post Share on other sites
gypsie 120 Posted February 6, 2008 Report Share Posted February 6, 2008 I disputed (online) some old student loan lates a few years ago and EX deleted those months (as if they were never reported) after they got no response from the loan holder, TU deleted the entire TL after about a week and EQ finally updated the TL in question after I requested MOV via CMRRR when it took them 10 seconds to decide it was accurate.Lynn was a debt collector and seems to enjoy kicking people while they are down when they are only asking for help. It kind of turns me on, but most people don't appretiate it.Ouch! I personally am grateful for all the advice that Lynn offers. She brings alot of good experience and knowledge to this forum.SL 's are a completely different animal than CC's, private loans, auto loans ect..When it comes to my lates, I'm content with letting them "drop" off, I too disputed with EX and it did indeed backfire on me- I ended up with more late TLs than before I disputed. Link to post Share on other sites
Big Time 396 Posted February 6, 2008 Report Share Posted February 6, 2008 She definately knows her stuff, but she's still mean to people. Link to post Share on other sites
LynnInMN 334 Posted February 8, 2008 Report Share Posted February 8, 2008 delete Link to post Share on other sites
Big Time 396 Posted February 9, 2008 Report Share Posted February 9, 2008 You have a disrespectful tone most of the time. You also automatically assume people are trying to get out of paying their student loans, when they really just want some leverage to keep from being kicked while they are down.You seem to gloss over the devastating effect of the way student loans are reported and the fees and costs that seem to double and triple the amounts owed when the CA's collecting use clever accounting practices to achive that effect. There needs to be more of a stand against student loan collectors and the guarantors that look the other way when the CA's act as if they are the law. Link to post Share on other sites
LynnInMN 334 Posted February 11, 2008 Report Share Posted February 11, 2008 Whatever..I have enough other forums to keep me busy. **** this. I deleted all my posts so you dont have to read them. Link to post Share on other sites
Big Time 396 Posted February 12, 2008 Report Share Posted February 12, 2008 Bah! nevermind. You win. Link to post Share on other sites
