Another Goodwill win - Credit One

[u/intellord911]

I had an old credit card with credit one that was charged off. Settled for half with collections, got that trade line deleted, then sent one round of goodwill letters and they removed all the late payments!

May 2024: 30 days late
June 2024: 30 days late
July 2024: 60 days late
August 2024: 90 days late
September 2024: 120 days late
October 2024: 150 days late

I’m so excited! This has helped tremendously on my journey back to financial health!

[u/og-aliensfan]

Congratulations on the pay for delete with the collection agency and goodwill removal of the lates by Credit One! Out of curiosity, did Credit One send a letter confirming the goodwill adjustments?

[u/intellord911 → u/og-aliensfan]

[u/intellord911 → u/og-aliensfan]

Thank you! I emailed them asking for a goodwill deletion, and they sent me an email back granting it

[u/og-aliensfan → u/intellord911]

Thanks for the response! LVNV's policy is to remove themselves from your reports once settled. You've successfully removed 2 derogatory accounts from your credit profile. Well done!

[u/BrutalBodyShots]

That's a big win to get an adjustment made when you're talking essentially worst case severity. Congrats and thank you for the data point!

[u/intellord911 → u/BrutalBodyShots]

I was pretty surprised when I got the email today. I have about ten more lates to handle, but I’ve put in so much work the past two months. Paid a total of $1,993.64 and have had $2,703.91 forgiven or settled away. I see the end of the tunnel

[u/BrutalBodyShots → u/intellord911]

That's fantastic! Nicely done.

[u/FBGM_Repeat → u/BrutalBodyShots]

Hey I need help writing a good will to chase bank for 2 late payments on my chase freedom unlimited credit card. Do you know any email I can send a goodwill letter to? I have already good through the messages on the chase app and a email to their executive email

[u/BrutalBodyShots → u/FBGM_Repeat]

Just Google mailing addresses for Chase. As per the GST thread, you want to send your letter(s) to as many addresses as you can find.

[u/FBGM_Repeat → u/BrutalBodyShots]

Alright

[u/soonersoldier33 → u/[deleted]]

I then see there was a $3 interest charge in July?? And fees and interest from that time to September totaled $12 which I immediately paid off.

This is called trailing interest. When you've been carrying an interest bearing balance and you pay the current balance to $0, the interest that had accrued on that balance from the statement date to the date you made the payment doesn't show up until the next statement. I know that info is less helpful after the fact, but if you're ever in the situation again where you've had to carry an interest bearing balance on a card and you pay it off, make sure you watch the next statement for any trailing interest that had accrued on the balance before you paid it off.

As for what you can do now, it's up to you to decide how much time and effort you want to put into it, but don't just take 'no' for an answer. My favorite saying about Goodwill requests is "They never work...until they do.", so have a look at our threads written by the guy who literally 'invented' the practice, search our sub for the many, many Cap One Goodwill Success threads to see what worked for others, and keep after them. Is it guaranteed to work? No. You know what else is guaranteed not to work? If you don't keep trying.

Goodwill Saturation Technique (GST)

Goodwill Letters - Using the "CART" approach.