For tradelines marked “GOODWILL OR FCBA” you have a choice. You might try one or the other. Or you might try one and THEN the other.
The “Goodwill Letter”
Some creditors, if approached on the right day, will forgive a negative credit report listing – “just because”. Saying you’re sorry has power. Say you won’t do it again. Say you had a bad moment.
Goodwill letters work best with fully-paid, still-open accounts with relatively minor late-payment notations – although it can work on ANY tradeline regardless of its status
The best chances for this approach to work is IF:
- you currently have a debt with this creditor, and
- it is an isolated example in otherwise excellent account history.