Removal of Late Payment
Date: Thu, 06/19/2008 - 17:30
I have a single late payment on file for a credit card that i have already paid off and closed. how can i get the cc company to remove the late payment? thank you very much.
You can try sending a "Goodwill Letter". Here's a template I've
You can try sending a "Goodwill Letter". Here's a template I've located online. Tailor it to your needs.
Quote:
Date Company name Address Re: Acct # XXXX-XXXX-XXXX-XXXX Dear CEO name, I am writing to you today regarding my credit card account #4236-XXXX-XXXX-XXXX which I had while I was a medical student at ------------------------------------. The purpose of my correspondence is to see if you would be willing to make a "goodwill" adjustment on the reporting of this account to the three credit agencies. During the time period this account was established I had was very happy with the service, I was however not the ideal customer and made mistakes with my handling of the account. I should have kept better records regarding the account and I take full responsibility. I became aware of the unpaid balance when I got a copy of my credit report in June of 2006. I know that payment was my responsibility and I am not attempting to justify this breach of my user agreement, I was however hoping you might review the circumstances under which this non-payment occurred and consider removing the negative trade line associated with this account from my three credit reports. As soon as I became aware of the balance I contacted ----------------- and paid the balance in full. I provide this not to justify why the account was unpaid, but rather to show that the issue with ----------- is not a good indicator of my actual credit worthiness. I hope that ---------------- is willing to work with me on erasing this mark from my credit reports. I would like to STRESS that the information currently being reported IS accurate, (I am not disputing anything with ---------------). I am simply asking -------------for a courtesy gesture of goodwill in having the credit bureaus remove this account from my report. I do recognize that this request is unique and that it may not be ------------- normal policy. Please consider that the Fair Credit Reporting Act does not demand that all accounts be reported, only that any account that is reported be reported accurately. Therefore, a company does have legal discretion and permission to remove any account it chooses from the credit report. I'm hoping that ------------- will do that in my case for this account. Your kind consideration in this matter is greatly appreciated. Best Regards Name 123 Your Street Address Your City, ST 01234 |
Forgot to add- If your account was in good-standing except fo
Forgot to add-
If your account was in good-standing except for one late payment, I would ask them to remove the late payment only, and not the entire account.