Removing late payments from credit report
Reader’s Question
Dear Ryan,
I have 2 paid off installment accounts that have past due in late 2007. should i try to remove those 2 and how do i go about it? or should i leave them on the report.
Thanks for your time and help
Response
Hi [name removed]
Assuming these accounts have an overall good payment history, I would try to remove the late payments on both accounts by sending the original creditor a “goodwill” letter kindly asking them to remove the late payments. Goodwill letters are highly specific to your individual situation, but I suggest taking a look at my sample goodwill letter.
Also, read this article I wrote a few months back on the same subject.
Best,
Ryan
