11-26-2008 09:30 AM
There are legal requirements the CRAs and lenders have to follow for credit reporting (you'll see references to the many acronyms on these boards). The 30/60/90 day lates refer to missed payment from the due date, so one day late is not going to show as a 30.
11-27-2008 10:16 AM
It won't hurt at the bureaus, but remember they will hold it against you internally and best not to do a second time in twelve months.
11-27-2008 10:52 AM
i was one day late on paying my boa credit card, does boa count that as a 30 day late? i know chase doesn't but capital one does for example.
I was late on my payments with Cap1 lots of times when I was in college, 5-8 years ago, but I have no 30 day lates, so I don't think Cap1 does it universally.
You will probably get the late fee and rate jack, but if this is an unusual occurance for you, call then and ask to see if they will waive it. You would probably have a good chance.