I have a unique situation. I help people all the time to fix their credit and I advise them on how to deal with crooked creditors and legitimate debts. I now need help. I have a loan with Beneficial HFC. I have a
60 day late on my credit report from this creditor. Bank of America has written me a letter taking responsibility for the 60 day late, which stemmed from two checks that bounced due to bank error. I have submitted this letter to Beneficial/ HFC for the credit restoration and they deny it. The bureaus deny it because Beneficial/ HFC denies it. Can anyone recommend another avenue? This is killing my score and I am in the mortgage business, so it is professionally embarassing as well. I have helped many people to restore their credit and their lives and now I need help.
Have you submitted the letter to credit bureaus as well? You may know this; once a negative item enters credit report it stays there for 7 years. As it was not your fault you may request bureaus for an investigation. If nothing works, you may add a "Statement" against this entry. You may go through this thread for more information about adding a statement:
http://www.creditmagic.org/repair/about4231.html
I wonder...if you could contact a customer retention department. Explain that you're willing to do a balance transfer to another company, even though there is a balance transfer fee if they are unwilling to help you out.