Jump to content

Please consider disabling your adblocker for CreditBoards if you have not already done so.  This site depends on advertising revenue to stay online.


Sign in to follow this  

Correcting late payments reported in error

Recommended Posts

We have been working with the Federal Loan Services to correct late payments showing on my husbands credit reports in error for my daughters 3 student loans. They have updated the information to show the loans are Paid, closed with a $0 balance, and showing You've made 97% of your payments on time for this account but each loan is still showing 3 late payments. The payments were never late the loans were deferred and no payments were due which the person we have been working with has admitted that no payments were due when they reported them as late. She does not seem to know what she has to do to get the negative information removed. What information does she need to give the credit bureaus to get the late payment information removed? My husbands score dropped almost 100 points then increased 45 points when they changed the information to Paid and closed. She seems to be trying to correct the error but is not understanding what needs to be done to fix their mistake. Thank you,

 

Share this post


Link to post
Share on other sites

do you have the deferment and the admission from the lender that it was never late? It sounds like you need to escalate the situation to someone there that has authority to correct credit reporting.

 

:offtopic: but for those reading this in the future, this is why you don't borrow money for other people, including "co-signing" ... even when you do everything correctly this type of spit can happen and screw up your reports and waste your time getting it corrected.

Share this post


Link to post
Share on other sites

Since these are federal loans, the entity should have an ombudsman that you can contact.  If these are legitimate errors, they will have seen it before and know how to fix it. 

 

 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  




  • Today's Birthdays

    1. Mikki01
      Age: 48
  • Member Statistics

    • Total Members
      178,815
    • Most Online
      2,046

    Newest Member
    tfish1990
    Joined

About Us

Since 2003, creditboards.com has helped thousands of people repair their credit, force abusive collection agents to follow the law, ensure proper reporting by credit reporting agencies, and provided financial education to help avoid the pitfalls that can lead to negative tradelines.
×
×
  • Create New...

Important Information

Guidelines