Removing lates from old wells fargo account

[Jwolfe]

I had a student loan with wells fargo that I payed off in full back in 2005 but I had about 5 late payments on the account up to that time. On my credit report with TransUnion it says I had 5 30day lates, 1 60 and 2 90+ on the account but with Equifax it shows I had 1 30 day late and that it was the last payment of the account before I payed the ballance. I want to try to have the late payments removed, try being the key word. Should I try to 1, 2 punch it or should I just try to 623 with wells fargo? Any other advise would be great. Thanks in advance.

[stone4779]

leave Equifax alone, you are already ahead by 4 lates and 2005 was a long time ago, that last 30 late should fall off naturally next year anyways...

I would dispute the ones on Trans Union as Never Late..try that.

[Jwolfe]

Originally Posted by stone4779

leave Equifax alone, you are already ahead by 4 lates and 2005 was a long time ago, that last 30 late should fall off naturally next year anyways...

I would dispute the ones on Trans Union as Never Late..try that.

That is what I was thinking, so then I would just dispute it with the CRA and not do a 623 with wells fargo.

[stone4779]

Originally Posted by Jwolfe

That is what I was thinking, so then I would just dispute it with the CRA and not do a 623 with wells fargo.

Yeah I wouldnt, I would try something easy first...

Definately leave the OC alone for now, as they may update your payment history on Equifax and youll be stuck with those lates.

Just do an easy online dispute with Experian as Never Late..see what happens...

If that doesnt work, try opening a bank account with wells fargo and use them as your direct deposit for your paycheck, if you dont already..

Give it a little time then do a GW letter to Wells Fargo explaining how your credit situation hase changed and you have chosen them to play with your money when you arent using it. Ask politely that they remove those lates so you can buy a house or something..

Just make sure to thank them for helping you with your student loans etc..basically brown nose lol..

It worked for me with Nissan Motors on some lates from 2005

[Jwolfe]

thank you, I will try that. I could always after my personal accounts offer to move my business accounts there also if they remove the lates.

[stone4779]

Originally Posted by Jwolfe

thank you, I will try that. I could always after my personal accounts offer to move my business accounts there also if they remove the lates.

Actually you would probably be a LOT better off moving your business acounts as well FIRST, as a GOOD FAITH gesture towards Wells Fargo.

Remember, you are aasking for a Good Faith or Good Will Adjustment, so maybe a little good faith on your part will be the little extra something that gets them to see the situation your way

[stone4779]

Just remember do not demand or expect the lates to be removed, dont offer any kind of deal or anything because whoever reads it doesnt want to bargain with you...

Your persective on it should be basically begging lol. If you offer some kind of deal they might not really like that kind of thinking...

In their eyes "Remove my lates and I will move my business account to Well Fargo" is the same as "If you dont remove my lates I will not do business banking with you."

See what I mean? Kindof sounds like a demand...you wouldnt want them to see it that way..