Credit Tips: Request Removal of Late Listings Before Applying With Another Credit Card Company

Posted On: December 1, 2004

Author: Guest
Posted: Wed Mar 31, 2004 3:59 pm
Post subject: To app for 0 BT or not with max out & 4-30 day lates?

Hi, need advice on weather to even apply for a 0% BT if i’m almost max on AT&T MC @ 27k. I also have 2-30 day lates,5 & 9-’99 and 2 more on 2-’03. I have read that one rule is never app for platinum cc if there are negs on your CR & anything else that would cause them to decline you. Any advise?

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Author: NightStar
Forum Moderator
Joined: 07 Nov 2003
Posts: 2101
Location: Illinois
Posted: Wed Mar 31, 2004 4:46 pm

Would suggest holding off long enough to send a good will letter to the creditors you had the lates with asking if they will help you in this matter and remove (forgive) the late listings. A good site for this is planetfeedback.com On the other, you may be right that the utilization affects your approval with the next creditor. Do you have any other credit cards besides this one? Do you have any inquiries on your credit report in the last 2 years? You might want to move carefully if you already have a few added up. If you have a bit of time, try to work on getting the past lates removed before you apply for new credit.

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Author: Guest
Posted: Wed Mar 31, 2004 5:09 pm

Hi NightStar, I never knew it was possible to get lates forgiven and removed, i’ll try. I have a four inquiries, 3 are up later on this year. Are they still considered neg if they are for current credit apps that were accepted like my car loan,gas card and gas utility? I have a couple of retailer CCs like Sears & an Irving gas CC that (one of the inquiries) notified me that they’re discontinuing having a CC. I’ve waited a long time as it is and really need the interest savings to start lowering the principal. I need a plan, it seems like one step foward, two steps back. Thanks

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Author: NightStar
Forum Moderator
Joined: 07 Nov 2003
Posts: 2101
Location: Illinois
Posted: Wed Mar 31, 2004 11:00 pm

With good will, you start out conveying your appologies for the lates, explain a bit about why this happened, like illness, loss of work, family crisis. Point out to them that since then you have taken steps to insure this won’t happen again, and if they could please reconsider reporting the lates, that you will be applying soon for a loan and that this is hurting your chances at approval if they could help you by removing the lates. You are pretty good on the inquiries, to only have one this year. Just going to be a matter of picking carefully which creditor you want to apply for credit with. You want to space out applications for credit, keep to a minimum as much as possible. It is terrible these days, the trivial things which a creditor will hold you to on interest and approval. Personally we have had fair dealings with Citi Bank, not for myself, but I notice my DH gets upper credit limit & increases. Just recently I got a 9 month 0% interest account with them, but always low credit limits for me. I don’t consider Citi Bank to be a long term creditor (too easy for them to find reasons to increase the credit limit) but find them to be a avarage creditor to getting approved. Others may have better ideas on deals check on.

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