? I went purchase a home and noticed Federal Loan Servicing is on my credit report for 120 days past due. We show a summary, not the full legal terms – and before applying you should understand the full terms of the offer as stated by the issuer or partner itself. Should you have trouble making a student loan payment on time in the future, be sure to contact your lender right away to explain your circumstances. Your earliest late is almost 3 years old though so the good news is that the effect from that late should continue to be minimized since Late payments generally hurt your score the most within 2 to 3 years (although they show up for longer). A loan provider had granted me a retroactive forbearance and it is reporting me as late. Thanks for the quick response. I’ve already tried goodwill letters as well as disputing is through the CB which both got kicked back. If you exceed that grace period and the delinquency is added to your credit report, you can make a case to have it removed. Look up the purpose of Section 609 if the Fair Credit Reporting Act. I’ve complained to the BBB and CFPB, Disputed with the CB’s, sent Good Will letters, and contacted the ombudsman group with no luck. I’m in the same situation how can I email you for further help. Would love any advice. Please advise and thank you for your knowledge. Normally, you find out about late payments because you were turned down on a loan application or you get a nasty letter from a lender or collections agency. Check out section 609 of the fair credit reporting act. I am not seeing it. Could you please email me jgastringer@icloud.com I would like to discuss your services. Stay up-to-date with your latest credit information for free and learn what lenders might see when reviewing your credit. In this video Cornita shows how she removed her late payments from her credit reports by writing good will letters to the student loan lenders. Credit Reporting laws need to be repealed/replaced. That’s why removing recent late payments first can have the greatest impact on your credit score. In either case, you need to dispute the record to erase it from your credit report. If your efforts fail, remember that late payments will impact your credit scores less and less as time passes (until the late payment is eventually deleted from your credit reports in seven years). How a goodwill letter can help. You can give it a try but FedLoan is very difficult to deal with at times and I would not be expecting them to change the report. Dan, I have been making double monthly payments on my loans since August of 2017 and even did a payment in March of 2018 for 10 times the amount I am to pay a month. of Education Sold to ECMC open and showing payments due on some. Box 60610 The banks, lenders, and credit card companies are not responsible for any content posted on this site and do not endorse or guarantee any reviews. Understanding Your Experian Credit Report, Hard vs. Soft Inquiries on Your Credit Report, Credit Repair: How to “Fix” Your Credit Yourself, What You Can Do to Avoid Identity and Credit Fraud, Credit Card Fraud: What to Do if You’re a Victim, How to Build and Maintain Good Credit at Every Stage of Life, What to Know About Employment and Your Credit, How to Manage Your Credit During a Divorce, How to Handle Credit and Debt After the Death of a Spouse, These Tips Can Help You Improve Your Credit, Personal Loans: What to Know Before You Apply. The government can then consolidate the debt into a new loan in order to collect the debt from you, but the status of "claim filed by government" will remain on the original loans. I have 2 late pays (120 days, bad divorce, don’t ask!!) Thanks for your help. 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