I have a student loan with like 10 TLs on it. It's closed because it was sold to another lender. It went from Citibank to SallieMae. Only sold because Citibank doesn't do student loans anymore and is otherwise in great shape except for some lates. EQ & EX report that the loan was never late and never anything wrong with it. But TU shows 3 - 30 day, 3 - 60 days and 1 - 90 day lates. Would sending a copy of the other CRs to TU help or no?
Student Loan Reported Good with EX & EQ But TU shows lates?
Started by
billyd
, Mar 07 2012 10:30 AM
21 replies to this topic
#1
Posted 07 March 2012 - 10:30 AM
#2
Posted 07 March 2012 - 12:59 PM
I have a student loan with like 10 TLs on it. It's closed because it was sold to another lender. It went from Citibank to SallieMae. Only sold because Citibank doesn't do student loans anymore and is otherwise in great shape except for some lates. EQ & EX report that the loan was never late and never anything wrong with it. But TU shows 3 - 30 day, 3 - 60 days and 1 - 90 day lates. Would sending a copy of the other CRs to TU help or no?
No it won't help. The CRAs don't care what each other reports. I have the same issue with a Direct Loans account - shows perfect on EQ and EX but on TU there are about 3 back to back late payments from a zillion years ago, I assume when it entered repayment and I was too young/dumb/immature to keep track of such things.
Be sure to run a search of the forum and read through other people's experiences before you attempt any disputes.
For example: http://creditboards....howtopic=119337
#3
Posted 07 March 2012 - 01:18 PM
I have a student loan with like 10 TLs on it. It's closed because it was sold to another lender. It went from Citibank to SallieMae. Only sold because Citibank doesn't do student loans anymore and is otherwise in great shape except for some lates. EQ & EX report that the loan was never late and never anything wrong with it. But TU shows 3 - 30 day, 3 - 60 days and 1 - 90 day lates. Would sending a copy of the other CRs to TU help or no?
No it won't help. The CRAs don't care what each other reports. I have the same issue with a Direct Loans account - shows perfect on EQ and EX but on TU there are about 3 back to back late payments from a zillion years ago, I assume when it entered repayment and I was too young/dumb/immature to keep track of such things.
Be sure to run a search of the forum and read through other people's experiences before you attempt any disputes.
For example: http://creditboards....howtopic=119337
What do I search for in the forums "TU shows lates others don't?"
#4
Posted 07 March 2012 - 01:19 PM
Think about your goal. I searched: delete student loan lates
#5
Posted 07 March 2012 - 01:34 PM
Think about your goal. I searched: delete student loan lates
Well, I'm wondering how to approach it. So far my searches have yield, "Yay, I got it off..."
Should I go for getting the whole line delete under "It's not mine..." or "I had a deferment, it shouldn't be considered late!"
or write to Citi to see if they'll remove the lates?
#6
Posted 07 March 2012 - 03:47 PM
I have a student loan with like 10 TLs on it. It's closed because it was sold to another lender. It went from Citibank to SallieMae. Only sold because Citibank doesn't do student loans anymore and is otherwise in great shape except for some lates. EQ & EX report that the loan was never late and never anything wrong with it. But TU shows 3 - 30 day, 3 - 60 days and 1 - 90 day lates. Would sending a copy of the other CRs to TU help or no?
No it won't help. The CRAs don't care what each other reports. I have the same issue with a Direct Loans account - shows perfect on EQ and EX but on TU there are about 3 back to back late payments from a zillion years ago, I assume when it entered repayment and I was too young/dumb/immature to keep track of such things.
Be sure to run a search of the forum and read through other people's experiences before you attempt any disputes.
For example: http://creditboards....howtopic=119337
I've actually had this similar experience, my loans were defaulted, but then I rehabbed them and I was under the impression that the rehab was suppose to make them show positively on the reports. They show positive on my EQ and TU, but EX shows all the lates. I'm currently doing an online dispute raising this issue, but I wondering if I should send a goodwill letter to the CA.
#7
Posted 07 March 2012 - 03:48 PM
IIRC, my Direct Loans also report to IDS...
#8
Posted 07 March 2012 - 04:11 PM
Think about your goal. I searched: delete student loan lates
Well, I'm wondering how to approach it. So far my searches have yield, "Yay, I got it off..."
Should I go for getting the whole line delete under "It's not mine..." or "I had a deferment, it shouldn't be considered late!"
or write to Citi to see if they'll remove the lates?
Interesting. I didn't realize your lender was Citi. How old are these lates? I think I would start with GW to Citi since I've seen them be pretty responsive to GW on other types of accounts. I saw mention of Great Lakes responding to GW but no other student loan lenders so far in my random perusing of threads. BTW, I have yet to see a single recommendation on this board to dispute as "not mine" and many many warnings to the contrary. If you haven't yet, read every bit of info in the newbies section.
I did an online dispute with TU as "never late" just for the hell of it - pure experimentation. Just to be clear, I'm not recommending you follow my lead, especially if you are working toward financing in the near future. I'm just tinkering. It's not important to me if it comes off because I already got a great rate on a mortgage and a car, and around here everyone and their grandmother pulls EQ. I also did it with the full understanding that consequences could be:
1. Deletion of one of my oldest trade lines
2. Spread of negative information to EQ and EX if they decide to update all CRAs.
3. Being blocked from my TU reports online due to frivolous disputing
4. Deletion and then reinsertion of lates.
5. Simple verification of the lates
6. More things I haven't thought of.
My experiment is to test Direct Loans record keeping of old student loans (these are going to drop off next year-ish which is another reason I'm only tinkering), since I've found that the CC companies I've messed with so far on DH's reports have terrible record keeping. Ideally, the lates will come back as "no data". But I'm fine with all the alternatives. And I will pop back on here and say what happens when TU finally gets around to my dispute. I think TU is perpetually at lunch.
#9
Posted 07 March 2012 - 04:30 PM
Think about your goal. I searched: delete student loan lates
Well, I'm wondering how to approach it. So far my searches have yield, "Yay, I got it off..."
Should I go for getting the whole line delete under "It's not mine..." or "I had a deferment, it shouldn't be considered late!"
or write to Citi to see if they'll remove the lates?
Interesting. I didn't realize your lender was Citi. How old are these lates? I think I would start with GW to Citi since I've seen them be pretty responsive to GW on other types of accounts. I saw mention of Great Lakes responding to GW but no other student loan lenders so far in my random perusing of threads. BTW, I have yet to see a single recommendation on this board to dispute as "not mine" and many many warnings to the contrary. If you haven't yet, read every bit of info in the newbies section.
I did an online dispute with TU as "never late" just for the hell of it - pure experimentation. Just to be clear, I'm not recommending you follow my lead, especially if you are working toward financing in the near future. I'm just tinkering. It's not important to me if it comes off because I already got a great rate on a mortgage and a car, and around here everyone and their grandmother pulls EQ. I also did it with the full understanding that consequences could be:
1. Deletion of one of my oldest trade lines
2. Spread of negative information to EQ and EX if they decide to update all CRAs.
3. Being blocked from my TU reports online due to frivolous disputing
4. Deletion and then reinsertion of lates.
5. Simple verification of the lates
6. More things I haven't thought of.
My experiment is to test Direct Loans record keeping of old student loans (these are going to drop off next year-ish which is another reason I'm only tinkering), since I've found that the CC companies I've messed with so far on DH's reports have terrible record keeping. Ideally, the lates will come back as "no data". But I'm fine with all the alternatives. And I will pop back on here and say what happens when TU finally gets around to my dispute. I think TU is perpetually at lunch.
Citi has been pretty good with me so I'm suprise there's lates on there. They're old like at least a year to over two years old. Some, I think, are like 4 years. They're a bit spread out because I was during a deferment/forbearance and it takes them forever to process it. It's been closed since the summer... yeah I don't want them to update the other CRs
#10
Posted 07 March 2012 - 06:53 PM
Think about your goal. I searched: delete student loan lates
Well, I'm wondering how to approach it. So far my searches have yield, "Yay, I got it off..."
Should I go for getting the whole line delete under "It's not mine..." or "I had a deferment, it shouldn't be considered late!"
or write to Citi to see if they'll remove the lates?
Interesting. I didn't realize your lender was Citi. How old are these lates? I think I would start with GW to Citi since I've seen them be pretty responsive to GW on other types of accounts. I saw mention of Great Lakes responding to GW but no other student loan lenders so far in my random perusing of threads. BTW, I have yet to see a single recommendation on this board to dispute as "not mine" and many many warnings to the contrary. If you haven't yet, read every bit of info in the newbies section.
I did an online dispute with TU as "never late" just for the hell of it - pure experimentation. Just to be clear, I'm not recommending you follow my lead, especially if you are working toward financing in the near future. I'm just tinkering. It's not important to me if it comes off because I already got a great rate on a mortgage and a car, and around here everyone and their grandmother pulls EQ. I also did it with the full understanding that consequences could be:
1. Deletion of one of my oldest trade lines
2. Spread of negative information to EQ and EX if they decide to update all CRAs.
3. Being blocked from my TU reports online due to frivolous disputing
4. Deletion and then reinsertion of lates.
5. Simple verification of the lates
6. More things I haven't thought of.
My experiment is to test Direct Loans record keeping of old student loans (these are going to drop off next year-ish which is another reason I'm only tinkering), since I've found that the CC companies I've messed with so far on DH's reports have terrible record keeping. Ideally, the lates will come back as "no data". But I'm fine with all the alternatives. And I will pop back on here and say what happens when TU finally gets around to my dispute. I think TU is perpetually at lunch.
Citi has been pretty good with me so I'm suprise there's lates on there. They're old like at least a year to over two years old. Some, I think, are like 4 years. They're a bit spread out because I was during a deferment/forbearance and it takes them forever to process it. It's been closed since the summer... yeah I don't want them to update the other CRs
Is this worth straight out sending a CMRR letter? Or spend some time getting my address removed and all that? Or try writing or talking to Citi?
#11
Posted 07 March 2012 - 09:57 PM
Think about your goal. I searched: delete student loan lates
Well, I'm wondering how to approach it. So far my searches have yield, "Yay, I got it off..."
Should I go for getting the whole line delete under "It's not mine..." or "I had a deferment, it shouldn't be considered late!"
or write to Citi to see if they'll remove the lates?
Interesting. I didn't realize your lender was Citi. How old are these lates? I think I would start with GW to Citi since I've seen them be pretty responsive to GW on other types of accounts. I saw mention of Great Lakes responding to GW but no other student loan lenders so far in my random perusing of threads. BTW, I have yet to see a single recommendation on this board to dispute as "not mine" and many many warnings to the contrary. If you haven't yet, read every bit of info in the newbies section.
I did an online dispute with TU as "never late" just for the hell of it - pure experimentation. Just to be clear, I'm not recommending you follow my lead, especially if you are working toward financing in the near future. I'm just tinkering. It's not important to me if it comes off because I already got a great rate on a mortgage and a car, and around here everyone and their grandmother pulls EQ. I also did it with the full understanding that consequences could be:
1. Deletion of one of my oldest trade lines
2. Spread of negative information to EQ and EX if they decide to update all CRAs.
3. Being blocked from my TU reports online due to frivolous disputing
4. Deletion and then reinsertion of lates.
5. Simple verification of the lates
6. More things I haven't thought of.
My experiment is to test Direct Loans record keeping of old student loans (these are going to drop off next year-ish which is another reason I'm only tinkering), since I've found that the CC companies I've messed with so far on DH's reports have terrible record keeping. Ideally, the lates will come back as "no data". But I'm fine with all the alternatives. And I will pop back on here and say what happens when TU finally gets around to my dispute. I think TU is perpetually at lunch.
Citi has been pretty good with me so I'm suprise there's lates on there. They're old like at least a year to over two years old. Some, I think, are like 4 years. They're a bit spread out because I was during a deferment/forbearance and it takes them forever to process it. It's been closed since the summer... yeah I don't want them to update the other CRs
Is this worth straight out sending a CMRR letter? Or spend some time getting my address removed and all that? Or try writing or talking to Citi?
bump
#12
Posted 07 March 2012 - 11:21 PM
Think about your goal. I searched: delete student loan lates
Well, I'm wondering how to approach it. So far my searches have yield, "Yay, I got it off..."
Should I go for getting the whole line delete under "It's not mine..." or "I had a deferment, it shouldn't be considered late!"
or write to Citi to see if they'll remove the lates?
Interesting. I didn't realize your lender was Citi. How old are these lates? I think I would start with GW to Citi since I've seen them be pretty responsive to GW on other types of accounts. I saw mention of Great Lakes responding to GW but no other student loan lenders so far in my random perusing of threads. BTW, I have yet to see a single recommendation on this board to dispute as "not mine" and many many warnings to the contrary. If you haven't yet, read every bit of info in the newbies section.
I did an online dispute with TU as "never late" just for the hell of it - pure experimentation. Just to be clear, I'm not recommending you follow my lead, especially if you are working toward financing in the near future. I'm just tinkering. It's not important to me if it comes off because I already got a great rate on a mortgage and a car, and around here everyone and their grandmother pulls EQ. I also did it with the full understanding that consequences could be:
1. Deletion of one of my oldest trade lines
2. Spread of negative information to EQ and EX if they decide to update all CRAs.
3. Being blocked from my TU reports online due to frivolous disputing
4. Deletion and then reinsertion of lates.
5. Simple verification of the lates
6. More things I haven't thought of.
My experiment is to test Direct Loans record keeping of old student loans (these are going to drop off next year-ish which is another reason I'm only tinkering), since I've found that the CC companies I've messed with so far on DH's reports have terrible record keeping. Ideally, the lates will come back as "no data". But I'm fine with all the alternatives. And I will pop back on here and say what happens when TU finally gets around to my dispute. I think TU is perpetually at lunch.
Citi has been pretty good with me so I'm suprise there's lates on there. They're old like at least a year to over two years old. Some, I think, are like 4 years. They're a bit spread out because I was during a deferment/forbearance and it takes them forever to process it. It's been closed since the summer... yeah I don't want them to update the other CRs
Is this worth straight out sending a CMRR letter? Or spend some time getting my address removed and all that? Or try writing or talking to Citi?
bump
So I've ready the newbie section and everything. Since my situation is a bit more unique I'm a bit perplexed. I'm going to try something... hopefully someone doesn't come back with in a month "Oh no, you should of done THIS" because I'm asking right now
I'm going to send a CRRM to TransUnion, maybe Jack attack, and ask for the lates to be removed. It's a sticky situation to get anything else removed so I'm trying for this for now...
Edited by billyd, 07 March 2012 - 11:36 PM.
#13
Posted 07 March 2012 - 11:54 PM
there is a risk of the lates appearing on the 2 reports where they were not reporting before if you dispute, do cost/ benefit analysis and think long term before proceeding. If it is Citi GW may well be the better approach to take.
Edited by virtualtreasure, 07 March 2012 - 11:55 PM.
#14
Posted 08 March 2012 - 12:06 AM
there is a risk of the lates appearing on the 2 reports where they were not reporting before if you dispute, do cost/ benefit analysis and think long term before proceeding. If it is Citi GW may well be the better approach to take.
What is GW approach?
#15
Posted 08 March 2012 - 07:37 AM
or write to Citi to see if they'll remove the lates?
I think I would start with GW to Citi since I've seen them be pretty responsive to GW on other types of accounts.
They're a bit spread out because I was during a deferment/forbearance and it takes them forever to process it.
If it is Citi GW may well be the better approach to take.
GW = goodwill. It's the first thing you mentioned: writing to them to ask them to take off the lates. Since you said they took forever processing your deferment, I'd mention that in the letter. Be very polite and appreciative. Don't send CMRRR. You are asking for a favor. If you don't want to mail a letter, use PFB (planetfeedback.com) but since you will put account info in your letter, don't mark your letter to be shared on the website.
One more thing, you haven't (as far as I know) mentioned your current goals. Are you preparing your credit reports for something in particular? If you aren't about to apply for a mortgage and you aren't about to open an account with any TU puller, you might be better off leaving it be. If Citi verifies the lates they could very well update EQ and EX and depending on what your immediate goals are, that might be worse for you than just leaving the lates on TU and letting them age off. They're already 4 years old, and they will hurt less and less as time passes. You could even freeze TU to guarantee that no one pulls it, though some lenders may require you to un-freeze to process an app.
My 2 cents: If TU isn't pulled often in your area with your desired lenders and if keeping EQ and EX clean is more important, leave it be. Otherwise, start with GW to Citi and prepare to be patient - you may not hear anything for a few weeks.
#16
Posted 08 March 2012 - 08:09 AM
there is a risk of the lates appearing on the 2 reports where they were not reporting before if you dispute, do cost/ benefit analysis and think long term before proceeding. If it is Citi GW may well be the better approach to take.
+1,000 I totally agree.
GW is a good will letter.
#17
Posted 08 March 2012 - 11:03 AM
there is a risk of the lates appearing on the 2 reports where they were not reporting before if you dispute, do cost/ benefit analysis and think long term before proceeding. If it is Citi GW may well be the better approach to take.
+1,000 I totally agree.
GW is a good will letter.
Thanks guys. Ultimately I would just like to clean up my CR. I would like to be able to get a mortgage if I needed to... in the area where I live houses range from $600,000+ so I imagine stellar credit is necessary. I think this is one large baddie that should just "disappear". After this I only have 2..
#18
Posted 08 March 2012 - 01:05 PM
Ultimately, it may not be worth the risk of 'unintended consequences' to dispute. Craft a well conceived GW removal letter and see if Citi will play ball.
Until you get to 90 days or more late, it may be considered to be moreso in the realm of 'neg info' than full fledged 'baddie' over the passage of time lates have less and less impact. They also have a less deleterious effect overall when a pattern of seriously late (90+ days) is not in evidence.
Until you get to 90 days or more late, it may be considered to be moreso in the realm of 'neg info' than full fledged 'baddie' over the passage of time lates have less and less impact. They also have a less deleterious effect overall when a pattern of seriously late (90+ days) is not in evidence.
#19
Posted 08 March 2012 - 02:22 PM
Ultimately, it may not be worth the risk of 'unintended consequences' to dispute. Craft a well conceived GW removal letter and see if Citi will play ball.
Until you get to 90 days or more late, it may be considered to be moreso in the realm of 'neg info' than full fledged 'baddie' over the passage of time lates have less and less impact. They also have a less deleterious effect overall when a pattern of seriously late (90+ days) is not in evidence.
I have 3 possible negative accounts. The Citi one, a school lender and a credit card. The last two I'm going to deal with separately. But Citi has like 10 accounts with it so I think it might be better to try.
You think I should leave it alone?
#20
Posted 09 March 2012 - 12:08 AM
Perhaps try sending Citi a request letter for GW removal of neg info in connection with your newly reinvigorating pattern of good history, while recognizing [the former error of your ways/ immaturity?] which led to the late payments is no longer representative of your current level of financial responsibility and abiding commitment to becoming a responsible home owner, placing you squarely on the straight and narrow of on time payments across the board.
Ultimately, it may not be worth the risk of 'unintended consequences' to dispute. Craft a well conceived GW removal letter and see if Citi will play ball.
Until you get to 90 days or more late, it may be considered to be moreso in the realm of 'neg info' than full fledged 'baddie' over the passage of time lates have less and less impact. They also have a less deleterious effect overall when a pattern of seriously late (90+ days) is not in evidence.
I have 3 possible negative accounts. The Citi one, a school lender and a credit card. The last two I'm going to deal with separately. But Citi has like 10 accounts with it so I think it might be better to try.
You think I should leave it alone?
#21
Posted 09 March 2012 - 10:43 AM
Perhaps try sending Citi a request letter for GW removal of neg info in connection with your newly reinvigorating pattern of good history, while recognizing [the former error of your ways/ immaturity?] which led to the late payments is no longer representative of your current level of financial responsibility and abiding commitment to becoming a responsible home owner, placing you squarely on the straight and narrow of on time payments across the board.
Ultimately, it may not be worth the risk of 'unintended consequences' to dispute. Craft a well conceived GW removal letter and see if Citi will play ball.
Until you get to 90 days or more late, it may be considered to be moreso in the realm of 'neg info' than full fledged 'baddie' over the passage of time lates have less and less impact. They also have a less deleterious effect overall when a pattern of seriously late (90+ days) is not in evidence.
I have 3 possible negative accounts. The Citi one, a school lender and a credit card. The last two I'm going to deal with separately. But Citi has like 10 accounts with it so I think it might be better to try.
You think I should leave it alone?
Thanks man, I think I'll give it a try. Should I request it just for TU and specifically ask them NOT to update EX or EQ?
#22
Posted 10 March 2012 - 04:18 AM
If the worst thing in current repair trajectory isn't that 2 out of 3 cbr are reporting positive history, could insteaad focus on the other repair work 1st and consider leaving well enough alone. Insist on mobilizing on this accepting they have no obligation and worst case-it could backfire, then starting with the lender on a private SL is not out of the question as it would be with a DSL.
Edited by virtualtreasure, 10 March 2012 - 04:20 AM.
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