A lady called me within minutes of faxing this letter to them. She told me to dispute it with the credit bureau as being inaccurate and she would update it to show a positive rating. Lets hope it works! I just want to thank whoever wrote the original letter which I amended to fit this particular situation. I am so grateful that I found this site!
You're welcome (I wrote the original...). I'm glad it worked for you. PS. I would ask for a letter stating that she agrees to make it a positive rating, since you might need that for the CRAs in case the student loan co. re-updates the negative ratings via tape (not her fault).
Congratulations! Are you able to get something in writing from the Loan Co. stating this will be updated to positive status?
Well, seeing as to how this is a goodwill letter, Im not going to push it like I could. This loan was through a state agency. Not a loan through another creditor. I think it makes a difference. I am at their mercy right now, all I can do is hope at this point. If they don't do it, I'll just contact them again with another letter begging them again.
I just got updates from Experian and Equifax. The loan company updated my report to reflect the following...(I took out 2 student loans during my college days) Unfortunately My credit score went down because of the reporting....lol.....It now counts against me because the balances are still high....lol Geez, whats a brother to do?
