Student Loans
Date: Mon, 05/05/2008 - 10:56
Can I do anything about late payments? Like Student loans and car payments? It's made my credit score bad.
You can write a letter to the creditor asking them to forgive th
You can write a letter to the creditor asking them to forgive the late by removing it from your account.
Does anyone have a form letter for this. I have paid off one of
Does anyone have a form letter for this. I have paid off one of my student loans by tripling the payments but I would like to get off the late payments from last year.
Thanks
Here is an example letter. You will, of course, have to adjust i
Here is an example letter. You will, of course, have to adjust it to your own situation/creditor. This is a generic letter.
Quote:
YOUR NAME YOUR ADDRESS 1 YOUR ADDRESS 2 Month Day , 20XX COMPANY NAME DEPARTMENT NAME ADDRESS CITY, STATE ZIP Dear Ms. NAME: I have been an (company name) customer since 19XX and during that time, I have enjoyed my experience with (company name) greatly. I am writing to see if you would be willing to make a "goodwill" adjustment to your reporting to the three credit agencies. I have two a late payments on the above referenced account that date back to 19XX. Since that time I have been an exceptional customer paying every month on time. Because of my exceptional payment history over the last X years, I would like you to consider removing the negative payments from my credit report. At the time of the late payments, I was in the process of changing jobs. I say that not to justify why the payments were late, but rather to show that the late payments are not a good indicator of my actual credit worthiness. I hope that (company name) is willing to work with me on erasing this mark from my credit reports. I have been a very happy customer in the past and hope to continue a long relationship with (company name). With today????????s credit industry so competitive, I know how important it is to maintain good relationships with customers. (Company name) has been exceptional in my book so far and I highly recommend it to all my friends and relatives. I hope that you will deeply consider my request and prove once again, why (company name) is heads above the rest. I look forward to your reply. Sincerely, YOUR NAME (do not sign) |
