30-Day Late Payment on Credit Card: Anything I can do?
I screwed up. Thought I had set up autopay on my BofA credit card and stopped checking the account, missed the due date by 30 days (40ish now). Credit score dropped by almost 100 points 🙁
I know the long-term answer of get my account current, continue making on-time payments, build up credit, etc. etc.
Is there anything I can do right now to try and get the 30-day mark removed?
I’m finding a lot of articles about “Goodwill Letters”, and trying to negotiate by paying the balance / setting up autopay. Does this really work? BofA specifically has a webpage saying they don’t accept goodwill letters.
Haven’t paid the account yet. Haven’t set up autopay either.
I’m a recent graduate and personal finance n00b, would appreciate any help from the personal finance gurus out here!
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I called their credit support line, explained my situation and asked them to remove the negative mark, and agreed to pay the balance over the phone and set up autopay over the phone. The rep told me that he could submit an adjustment request the next day but he had no idea if it would be approved. I was pretty skeptical, but a month later, saw my account status as “never late” and my credit score shoot back up!