Hey guys looking for some insight.. Recently signed up for Credit Karma to do some digging into my credit, and what I would need to do to improve it. I found I had 2 delinquent accounts (wtf). What had happen was, I recently graduated from college with student loans. I was told I had a grace period on my loans.. This was true for 6 of the loans, but the other 2 kicked in the day I graduated. I find out about these missed payments later down the road when I contacted the holder of my loans to setup my repayment plan. They made it seem like no big deal, and since I had payed everything off, I would be fine... Turns out I did alot of assuming and got burned.

I have a (new) credit score of 670. I have made 173 of 175 payments on time (98.9%).

Here is what I need to know. Is there anything I can do to remove or resolve these 2 missed payments? Is this even a big deal?

This post was edited on 5/24/15 at 1:02 am

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Posted by 13SaintTiger

Isle of Capri

Member since Sep 2011

18315 posts

Posted on 5/24/15 at 8:08 am to Athletix

Credit karma does not give you an accurate credit score.

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Posted by tigerbacon

Arkansas

Member since Aug 2010

3696 posts

Posted on 5/24/15 at 8:09 am to Athletix

7 years from the time it goes away. What sucks more than anything is those 2 missed payments stop you from qualifying for some things that would wipe it out for you.

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Posted by JonTheTigerFan

Central, LA

Member since Nov 2003

6784 posts

Posted on 5/24/15 at 12:10 pm to Athletix

Google "goodwill letter". Send letters to the creditor. Sometimes it works but that depends on the creditor. Some are more forgiving than others. The credit score hit you take from those payments will lessen over time and will drop from your report 7 years from when they occurred.

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Posted by I B Freeman

Member since Oct 2009

27843 posts

Posted on 5/24/15 at 1:47 pm to Athletix

Contact the reporting agency directly and ask if you can provide explanations and add them to your report and be sure to point out any credit you have that is not showing up.

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Posted by Teddy Ruxpin

Member since Oct 2006

39578 posts

Posted on 5/24/15 at 2:31 pm to tigerbacon

quote:
What sucks more than anything is those 2 missed payments stop you from qualifying for some things that would wipe it out for you.

??

I hope you aren't talking about programs like IBR. You can miss payments and still be fine, those months just won't count towards your 25/20 year forgiveness.

You just can't go into default, which is different from delinquent

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Posted by SomethingLikeA

Member since Jul 2013

1112 posts

Posted on 5/24/15 at 5:42 pm to Teddy Ruxpin

As poster mentioned above,the goodwill letter. It's one of those can't hurt, might help scenarios.

Personally typing up, signing and sending in with postage stamp is all it takes. May fall on deaf ears, but worth a shot.

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Posted by Athletix

:pels:

Member since Dec 2012

5067 posts

Posted on 5/24/15 at 8:51 pm to SomethingLikeA

quote:
Personally typing up, signing and sending in with postage stamp is all it takes. May fall on deaf ears, but worth a shot.

This is going to be one of the routes I take.

After doing some research I think I may have a chance. My loans were through Sallie Mae, but when I graduated my loans were acquired by Navient. I was supposed to have a 6 month period of grace.. 2 of my 6 loans did not fall under this grace period, and I was never told why. Hopefully having a friendly conversation with the Navient people will do some good. I am correct in assuming that Navient can get the deliquent payments removed?

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