Mistake six years ago

[jch007]

Hi all - I'm sure this answer has been posted somewhere before, but I'm having a hard time getting a clear picture of what my options are. Which is why I'm coming to you here.

 

I currently have two separate student loans from Iowa Student Loan. They're both, after many years of payments, almost paid off. Unfortunately six years ago (August of 2008) I made a mistake and was 60 days late on both of these loans. This is still affecting my score and affecting is significantly (roughly 70 points). I've written and called Iowa Student Loan asking them for a goodwill adjustment since I haven't had any negative items with them, or anyone since this hiccup. But they are refusing to remove it, stating that they, 'only report accurately.' every time that I've inquired.

 

So my question is, do I have any other options? For something that happened so long ago, this is really hurting my score...

[Sandscrit]

Hi JCH007, Welcome to Credit Boards. Have you tried writing a goodwill letter? Negotiate for the removal by offering to sign up for automatic payments? Lastly a professional may be able to remove the offensive trade line as an alternative. Others will chime in shortly

[Schmidty102]

Often times if you ask an attorney to write a letter (normally for a small fee), they will comply. I have had to do this a few times for my dad.

[shifter]

you're only about 6 months away from being able to dispute as obsolete.

 

since the GW route isn't working,

 

probably going to have to tough it out till then.

[hodap2001]

Welcome to the CreditBoards!

 

My recommendation is just to pay off your student loans and then dispute as obsolete.

 

Good Luck!