Disputing a late that happened during Covid

[BadCreditFreddy]

hello ya'll,

 

i love this board as i used it 20 years ago before i bought my first house and it was an invaluable resource... a lot has happened since then and here i am having to fix my credit this time as opposed to building it.

 

so here's my question... i have a single late payment that occurred in April of 2020. the account has since been payed and closed but this late is still showing up and i'd like to remove it. i read a bit about a piece of legislation that makes it so that you wouldn't get late payments during this period when the world was in lock down. is this applicable for my case? and if so how do i go about convincing the bank that they should remove this due to the pandemic and financial hardship?

 

your assistance is welcome and greatly appreciated :)

[MarvBear]

Welcome back!

[dvd]

Here is a link with more specifics regarding late payments during CV19:

https://www.nolo.com/legal-encyclopedia/credit-protections-under-the-coronavirus-cares-act.html

 

 

[hegemony]

On 8/11/2024 at 2:26 PM, BadCreditFreddy said:

hello ya'll,

 

i love this board as i used it 20 years ago before i bought my first house and it was an invaluable resource... a lot has happened since then and here i am having to fix my credit this time as opposed to building it.

 

so here's my question... i have a single late payment that occurred in April of 2020. the account has since been payed and closed but this late is still showing up and i'd like to remove it. i read a bit about a piece of legislation that makes it so that you wouldn't get late payments during this period when the world was in lock down. is this applicable for my case? and if so how do i go about convincing the bank that they should remove this due to the pandemic and financial hardship?

 

your assistance is welcome and greatly appreciated

 

by single late you mean a single 30 day late? which creditor is it? have you tried a good will letter?

Edited August 31, 2024 by hegemony

[Flyingifr]

On 8/11/2024 at 3:26 PM, BadCreditFreddy said:

hello ya'll,

 

i love this board as i used it 20 years ago before i bought my first house and it was an invaluable resource... a lot has happened since then and here i am having to fix my credit this time as opposed to building it.

 

so here's my question... i have a single late payment that occurred in April of 2020. the account has since been payed and closed but this late is still showing up and i'd like to remove it. i read a bit about a piece of legislation that makes it so that you wouldn't get late payments during this period when the world was in lock down. is this applicable for my case? and if so how do i go about convincing the bank that they should remove this due to the pandemic and financial hardship?

 

your assistance is welcome and greatly appreciated

It has been more than two years since the missed payment. In most cases a single "aw $h*t" would be ignored after a couple of years of consistent "atta boys". Try that out when you talk to that creditor. Better yet, to see if that one faux pas really hurts, ask that card issuer for a CLI and see what happens.

[hdporter]

BCF hasn't returned since his initial post a month ago ...

[WilbertSmithsonian]

I wish I had this problem, I made my last payments on 2 utility accounts in March of 2020 and they are both claiming a DOFD of August 2021. One of them dropped off my reports after disputing, though.

 

The other verified the info as accurate even though I never requested any accommodation from them. Which feels a bit ridiculous as I'm being penalized for making 1 payment in 2020, when others in my shoes who didn't pay anything would have the collection off of their reports by now.

 

I am going to attempt another dispute though and ask them to correct the DOFD, this time providing all of my bills from the OC. Didn't want to resort to that until nothing else worked, because I didn't want to verify the debt.

 

Anyway to answer the OP, this legislation only applies if you received an accommodation from the creditor. It's unclear to me whether it's legal for creditors to "blanket accommodate" their entire customer base, which seems to be what the creditor is attempting to do in my case. Obviously that doesn't apply in your case so I think a goodwill is your best shot, as you don't really have grounds for a valid dispute.

Edited September 8, 2024 by WilbertSmithsonian