Student Loan Late Payment

[daheata]

My student loan recently came out of forbearance and prior to the forbearance I had it set up on automatic payments from my checking account. The problem is, I switched bank accounts and forgot to update my account information while I was in forbearance status. This was compounded by the fact that I also moved twice in the span of 2 months, including moving to another state in October. By the time I remembered about my student loan in October I was 60 days late. I talked to my lender, who extended my forbearance so that I am not considered late, however they have said in a phone conversation that they will not remove the 60 day mark because even though my forbearance was applied retroactive to a prior date, before I made the arrangements to extend my forbearance the account actually was 60 days late. This is the first late that I have had since I started my credit repair, and it especially hurts because it is so recent. I plan to write a letter to the lender explaining all this, but what can I do in this situation if they still don't remove the late?

[2001Badyear]

Pay on time for a period of time then you can try a GW letter explaining the circumstances. If your history was good before and after they may make it go away.

[Elrey26]

We've been discussing this problem recently in the thread below... just follow the link. There is a very knowledgable member, Lynn, that has a lot of experience with student loans... check it out:

http://debt-consolidation-credit-repair-service.com/forums/showthread.php?t=280099

[isislc]

Sorry but you're pretty much stuck with it I believe. It was late no matter how you look at it and the lender is bound legally to report it as such because it was a federally subsidized loan.