MyFico says that late payments remain on your credit report for only 2 years????

[Anonymous]

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@Junejer wrote:

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@MidnightVoice wrote:

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@Anonymous wrote:

Late payments, whether their record stays on your credit report for 2 years or less, usually have bad impact on your credit worthiness. So it is better to be punctual in making repayments to keep your credit history free from such negative information.

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I wonder if FICO 08 stops counting them after 2 years? 

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For those with lates, it would be nice MV.

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That would be incredible if that were true.  I do think it makes sense.  It is just too easy to have a late these days.  And it stays on as long as a major hit such as a Chapter 13. 

[Anonymous]

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fused wrote:

It's a typo, a bad one at that.

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Dang!