late payments

Date: Fri, 05/01/2009 - 07:06

Submitted by anonymous
on Fri, 05/01/2009 - 07:06

Posts: 202330 Credits: [Donate]

Total Replies: 4

late payments

i had several sallie mae ffel loans that showed late pays in couple of months they were always either put into deffer or forbear to bring current and i paid monthly payments when i could..but when i refinanced, these accounts stayed in the adverse section of my cr..so i disputed a few years later and they were moved to the satisfactory column..aren't they supposed to stay at adverse section for 7 years? what happened here?? the 7 yr mark wasn't up from the last late pay???

What?! Are you upset because the Credit reporting agencies did a

What?! Are you upset because the Credit reporting agencies did as you asked them to? I'm not sure I understand what you are saying here. I would hazard a guess and say that refinancing them took them out of an adverse state and that is why the CRAs changed the notation when you asked them to.

lrhall41

Submitted by Chrys Henderson on Mon, 05/04/2009 - 23:36

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no i'm not upset but is that how it is supposed to happen? i t

no i'm not upset but is that how it is supposed to happen? i though it stayed on for 7 yrs past last late pay...grateful they are now in good standing..all of my lates were from backdated forebearnances during times of financial hardtimes...

lrhall41

Submitted by anonymous on Tue, 05/05/2009 - 06:24

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Sometimes the companies don't respond to a dispute. When this h

Sometimes the companies don't respond to a dispute. When this happens the account gets updated to your advantage.

lrhall41

Submitted by sassy_lil_brandy on Tue, 05/05/2009 - 06:43

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Ah, well that is your good fortune! Yes, it would normally stay

Ah, well that is your good fortune! Yes, it would normally stay on for 7 years.

lrhall41

Submitted by Chrys Henderson on Tue, 05/05/2009 - 20:20

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