Late on Student Loans - advice?

[2muchdebt]

So, I was 60 days late on a student loan payment (I didn't realized the grace period had ended) and before that I had a sterling credit score. What should I do to get mine back up? I know it takes a while to get things erased from your history

[creditrepairnow]

Hi,

That is really unfortunate. My best advice would be to go and talk to your school's financial aid office (that is if you are still a student). They give excellent advice, and are included in your tuition.

If you are not a student any longer (and even if you are), you may want to consider adding a note to your credit report. Some lenders will pay attention to this and some will not, but it is a better solution than nothing at all. The note does not necessarily help you get a good credit score, but it may help you on your credit report. More importantly, it leaves a paper trail of the problem that lenders can take note of.

I hope this helps!

[2muchdebt]

How do you add a note to your report? Do you call one of the bureaus? Reason I'm asking is that I'm looking into buying property but I want my score as high as possible before going through the pre-approval process

[creditrepairnow]

You should send a written letter. Perhaps even call them first for general advice, and then send a letter outlining your situation specifically.

Equifax Credit Information Services, Inc
P.O. Box 740241
Atlanta, GA
30374
1-888-766-0008

Trans Union LLC Consumer Disclosure Centre
P.O. Box 1000
Chester, PA
19022
1-800-888-4213

Experian National Consumer Assistance Center
PO Box 2002
Allen, TX
75013
1-888-397-3742