MY HUSBAND AND I ARE PLANNING ON BUYING A HOUSE AT THE END OF THIS YEAR. AT THE BEGINNING OF 2002 I WAS LAID OFF AND WE GOT BEHIND ON OUR CAR PAYMENTS AND THE VEHICLE WAS REPOSSESSED. WE WERE ABLE TO GET IT BACK THE VERY NEXT DAY BUT OF COURSE NOW IT IS REPORTED ON OUR CR'S AS REDEEMED REPOSSESSION BUT IT IS ALSO REPORTED AS A R1 STATUS. WE HAVE PAID ALL PAYMENTS ON TIME SINCE THEN. WHEN CALLING OR WRITING THE FINANCE CO. TO ASK THEM TO REMOVE THE REDEEMED REPOSSESION STATUS SHOULD I MENTION TO THEM THAT I AM TRYING TO BUY A HOME IN THE NEAR FUTURE AND THAT IS WHY I AM REQUESTING THE REMOVAL??
That's what I wrote on my goodwill letter to my student loan with Nelnet. I told them that I lost my job and had to relocate. I also mentioned that I started shopping for a mortgage and I am unable to get the best rates because of the late payments that happened 3 years ago. Nelnet agreed to take them out.
You're welcome. Search for the ones I posted and you'll see the letter I sent Nelnet under "6 lates will be Deleted" or something like that.
