Advice for goodwill letters?

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idonthaveaname
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Advice for goodwill letters?

Postby idonthaveaname » Thu Jan 16, 2014 3:29 pm

Hello,

I keep on writing them but get denied, even for items that are very old. I keep on getting the same thing, we have to report accurate,etc,etc. This is true but since goodwill letters sometimes work what is their justification for removing things then?

Advice?

Templates?


MemberSince99
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Postby MemberSince99 » Thu Jan 16, 2014 5:54 pm

I would go to www.google.com and in the search box type something like "goodwill letter sample" I got a bunch of hits that way.

flan
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Postby flan » Thu Jan 16, 2014 6:42 pm

idonthaveaname wrote:Hello,

I keep on writing them but get denied, even for items that are very old. I keep on getting the same thing, we have to report accurate,etc,etc. This is true but since goodwill letters sometimes work what is their justification for removing things then?


The myfico forum on rebuilding has links to templates.

GW lettters probably don't work very often. There's no real upside for the entity doing a removal. That said, they're cheap (free, if you're using email), and easy enough to send.

Obi-dan
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Postby Obi-dan » Thu Jan 16, 2014 10:39 pm

A small part of my job is to help with credit repair. I have never seen these letters work. Best success I have seen is getting them to report paid in full on a settlement. This is pretty common.
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flan
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Postby flan » Fri Jan 17, 2014 5:39 pm

Obi-dan wrote:A small part of my job is to help with credit repair. I have never seen these letters work. Best success I have seen is getting them to report paid in full on a settlement. This is pretty common.


Pay for deletion is pretty common with collection agencies, particularly for stuff outside of lawsuit age. There's an upside: they get money. The only other tool they have is telling you you're going to hell if you don't pay them, since a paid collection isn't any better to credit scoring than an open one. (With a very small handful of exceptions.)



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