Author Topic: Credit score down 55 due to Barclay missed payment!  (Read 11789 times)

Offline peace123

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Credit score down 55 due to Barclay missed payment!
« on: September 05, 2017, 03:22:09 PM »
Never knew this until yesterday when i logged in on my Barclay aadvantage card account where the $2: 60 charge  due in early July was late by 60 days. I paid all including the $22 in late fees. I was supposed to have my statement sent to my email.

My score was about 800 always and now today it is 726. Credit karma report says the following.


New Delinquent Status Reported
There is 1 account reported as delinquent on payments on your credit reports.
Account    Type    Balance    Days Late    Reported By
BARCLAYS BANK DELAWA    Credit Card    $12    60 days late    Equifax
BRCLYSBANKDE    Credit Card    $12    30-59 Days Late    TransUnion


I spoke to Barclay card rep to help me with removing the negative report but they told me they simply can't and just asked me to contact the credit bureau myself.

What tips can you provide for successful removal of the late payment report  my score  back to what it was?

It seems Equifax doesn't pick up phone? Trans union rep told me they will file dispute for me.

Thanks

Offline AJK

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #1 on: September 05, 2017, 04:00:03 PM »
Disputing has a low chance of success, unless Barclay's simply ignores the CRA.

The only way to do it is via Barclay. Try a "goodwill letter."
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Offline jackofall

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #2 on: September 05, 2017, 04:01:18 PM »
Disputing has a low chance of success, unless Barclay's simply ignores the CRA.

The only way to do it is via Barclay. Try a "goodwill letter."
I had success disputing with Citi.
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Offline peace123

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #3 on: September 05, 2017, 04:18:11 PM »
Disputing has a low chance of success, unless Barclay's simply ignores the CRA.

The only way to do it is via Barclay. Try a "goodwill letter."

Please explain " goodwill letter" and how to do it! My english skill is  not as good as yours or anyone else on dansdeals.  I spoke to barclay card rep and supervisor, they said they have ZERO or can't do anything cos all late payment are automatic and they can't remove late payment remark for me and that I have to call the credit bureau. My creditkarma report sahs 60 days late reported to Transunion and Equifax, I was able to speak to Transunion rep on phone to dispute  but not Equifax cos it is all automated. Equifax report  DOES NOT show any negative remarks & I found nothing thatw as late in Equifax . Weird?

Anyway, I just sent secure message  through my barclay account category? other account related inquiry:

Dear Sir/Madam

I  see that my credit score dropped by 55 points due to a late/missed payment report on my card ending in  ****.. There was a $2.66 charge in June 2017 that is reported late. I didn't intentionally  not pay that amount on time. It seems to be an error because I never received email notification of the statement at the time and I also didn't receive mail statement. When I checked my  account yesterday, I  learnt that there was a payment that was past due and I immediately made the full payment online. I asked the card representative today to turn on mail statement delivery so I do get my monthly statement.
I sincerely request you to get the negative late payment remarks removed from my credit bureau agency.

Thank you

Sincerely

***** *****

Offline David Smith

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #4 on: September 05, 2017, 04:20:37 PM »
Regular SM won't do much. Send a letter to corporate.
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
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Offline ChaimMoskowitz

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #5 on: September 05, 2017, 04:56:23 PM »
Try a "goodwill letter."
Regular SM won't do much. Send a letter to corporate.
Winner winner chicken dinner!!! Maybe someone here can share a GW letter they used.
Remember they have all the power. Lay it on but not to thick. Take full responsibility for the late payment.
I just found a new supply of forks!

Offline peace123

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #6 on: September 05, 2017, 09:23:59 PM »
I sent SM asking for help in removing the negative remarks. Better yet I was lucky to find Barclay corporate office number after doing a google search and someone picked up the call,  and the lady took my info, she had access to card account and told me she will see what she can do and gave me  a week or two and gave me her number and ext number. I told her I did file dispute with Transunion and she told me that will be handled by Barclay credit dispute team and she will do her own investigation separately to see she can have it removed!


I really don't know what they will do , hope it works for me in the end to bring my  score up to 800 from the 726.

Offline ChaimMoskowitz

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #7 on: September 05, 2017, 09:38:51 PM »
I really don't know what they will do , hope it works for me in the end to bring my  score up to 800 from the 726.
What CK has your score at is 100% useless.
I just found a new supply of forks!

Offline yitrap

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #8 on: September 06, 2017, 12:44:35 AM »
Maybe someone here can share a GW letter they used.

If not google it, there are many examples of letters you can edit.


Here are two links from a quick search


http://ficoforums.myfico.com/t5/General-Credit-Topics/GW-Example-Letters/m-p/4521#M127809

https://www.clearpoint.org/blog/how-to-write-goodwill-letter-diy-credit-repair/

Offline peace123

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #9 on: September 06, 2017, 10:54:54 AM »
If not google it, there are many examples of letters you can edit.


Here are two links from a quick search


http://ficoforums.myfico.com/t5/General-Credit-Topics/GW-Example-Letters/m-p/4521#M127809

https://www.clearpoint.org/blog/how-to-write-goodwill-letter-diy-credit-repair/ I posted update  above . Waiting to see what the executive rep will do now

Offline peace123

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #10 on: September 09, 2017, 02:04:54 PM »
I received the letter from Barclay office of the president that says " we have completed our investigation and agree to change the information that has been reported. Specially, we have removed the late payment history that you disputed" Pls allow 30 days for the changes to appear on your credit reports".

That means Barclay will notify all three credit bureau agencies for me & I don't have to contact each bureau?
  Does it really take up to 30 days for the negative remark to be removed?

I just checked my credit reported & called Transunion dispute dept and they told me  there is still no update & negative remarks remains.

 Creditkarma report shows the 60 days late  is reported to both Transunion & Equifax but Equifax credit report that I checked doesn't show any negative remarks on my Equifax report. Wonder why?

UPDATE:
 Just checked creditkarma and my score is back up to 823 & 820 from  740 and says updated 11 hrs ago.
IT sure looks like the negative remark is removed!   So glad and  so quick!
« Last Edit: September 09, 2017, 02:17:25 PM by peace123 »

Offline yitrap

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #11 on: September 09, 2017, 10:27:21 PM »


UPDATE:
 Just checked creditkarma and my score is back up to 823 & 820 from  740 and says updated 11 hrs ago.
IT sure looks like the negative remark is removed!   So glad and  so quick!



What CK has your score at is 100% useless.


Offline mmgfarb

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #12 on: September 09, 2017, 11:52:53 PM »

The score isn't important, the fact that the late payment was removed from his CR is what matters.
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Offline yitrap

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #13 on: September 10, 2017, 12:17:15 AM »
The score isn't important, the fact that the late payment was removed from his CR is what matters.
That's why I didn't quote his whole post

Offline peace123

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #14 on: September 10, 2017, 01:00:21 AM »
The score isn't important, the fact that the late payment was removed from his CR is what matters.
Agree the later part but what you mean the score isn't important? You mean my score at 725 after the late payment remark is still high?