Author Topic: Credit score down 55 due to Barclay missed payment!  (Read 11795 times)

Offline Yehuda25

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #45 on: February 06, 2019, 02:03:58 AM »
ďTo avoid criticism say nothing, do nothing, be nothing.Ē


― Aristotle

Offline DealKiller

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #46 on: February 06, 2019, 06:41:44 AM »
What type of letter is everyone looking for?

Offline Luvisrael

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #47 on: February 06, 2019, 08:20:32 AM »
What type of letter is everyone looking for?
For the actual creditor , a goodwill letter to delete a negative item on ur credit report for a late payment

Offline DealKiller

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #48 on: February 06, 2019, 09:02:34 AM »
For the actual creditor , a goodwill letter to delete a negative item on ur credit report for a late payment
They do work but it is tricky. The creditor is required to report accurately the information. Removing a late payment would be a violation. On a closed account they can delete the account from your CR. They are not required to report any account. Either way a quick search will turn up a few sample letters. Good luck!

Just one of many out there:
Hereís a template goodwill letter for missed payments on a credit card.

[your name]
[your address]
Account Number: [your account number]

[date]

To Whom It May Concern:

Thank you for taking the time to read this letter, and I hope your day is going well. Iím writing because I noticed that my most recent credit report contains [a late payment/late payments] reported on [date(s)] for my [name of account] account.

I want you to know that I understand my financial obligations, and if it werenít for [circumstance that caused you to miss a payment], Iíd have an excellent repayment record. I made a mistake in falling behind, but since then, [description of how your circumstances have changed or how youíve improved your money management]. Since then, Iíve had a spotless record of on-time payments.

Iím planning to apply for [a mortgage/auto loan/etc.], and itís come to my attention that the missed payment on my record could hurt my ability to qualify. I truly believe that it doesnít reflect my creditworthiness and commitment to repaying my debts. It would help me immensely if you could give me a second chance and make a goodwill adjustment to remove the late payment on [date].

Thank you for your consideration, and I hope youíll approve my request.

Best,
[your name]

Offline chevron

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #49 on: February 07, 2019, 09:03:46 AM »
I have a 5 year old missed boa payment, boa kept saying they would remove. They never did, is it worth going after or at this point just ignore?


Offline Luvisrael

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #50 on: February 07, 2019, 09:06:32 AM »
I have a 5 year old missed boa payment, boa kept saying they would remove. They never did, is it worth going after or at this point just ignore?
u have at least another 2 years until it disappears

Offline davidrotts63

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #51 on: February 07, 2019, 09:08:28 AM »


u have at max another 2 years until it disappears
FTFY.
But I think you missed the point, he said they said they'll remove it.
(Quit) pulling out the flowers, and watering the weeds. -Peter Lynch

Offline chevron

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #52 on: February 07, 2019, 09:29:30 AM »
Correct in branch around the time they said they would. But as they age, these baddies count less, correct? I'm just wondering and my FICo could use a bump

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #53 on: February 07, 2019, 02:10:29 PM »
Correct in branch around the time they said they would. But as they age, these baddies count less, correct? I'm just wondering and my FICo could use a bump
Yes they do. Of course, thereís nothing like removing it, so you should redouble your efforts to get that done.
Gowns By Shevy
732-806-1136
info@gownsbyshevy.com

Offline Luvisrael

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #54 on: February 07, 2019, 02:22:46 PM »
FTFY.
But I think you missed the point, he said they said they'll remove it.
i didnít miss the point. I was implying that it is worth working on because itíll stick around for a while.

Offline peace123

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #55 on: March 01, 2019, 01:25:22 PM »
@peace123 What ended up happening?
I spoke to their corporate agent, a lady who was nice. She fixed it for me. and my score went back up fast . FYI MY FICO is 832, hahaha. proud of my score

Offline Luvisrael

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #56 on: March 01, 2019, 02:44:29 PM »
I spoke to their corporate agent, a lady who was nice. She fixed it for me. and my score went back up fast . FYI MY FICO is 832, hahaha. proud of my score
wow good for u! Iím looking to do the same. Maybe u can help me find out the corporate info for Kia/Hyundai Motor Finance?

Offline Yehuda25

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #57 on: March 07, 2019, 09:30:27 PM »
I spoke to their corporate agent, a lady who was nice. She fixed it for me. and my score went back up fast . FYI MY FICO is 832, hahaha. proud of my score
I also spoke to corp, they refused to budge :'( :'( :'(
ďTo avoid criticism say nothing, do nothing, be nothing.Ē


― Aristotle

Offline Yehuda25

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #58 on: March 07, 2019, 09:33:00 PM »
I also spoke to corp, they refused to budge :'( :'( :'(
I sent an email to the office of the president, I wonder if I can huca... I'm  wondering if my account id notated etc
ďTo avoid criticism say nothing, do nothing, be nothing.Ē


― Aristotle

Offline bermo

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Re: Credit score down 55 due to Barclay missed payment!
« Reply #59 on: March 13, 2019, 03:26:58 PM »
Does a late payment for an annual fee get charged interest and goes on your credit report?