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Forgive me if I missed this information posted here already. But I have 3 different late payments posted on my credit report for three different companies Sallie Mae, BofA and Citi. 2 out of the three will be 7 years old by April. Will they automatically fall off my report and increase my score? Or must I take some form of action to have it removed?
Thanks in advance!
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Last comment from Robert says 7.5yrs.
Thank you!!
Late payments fall off at 7 years from their date of occurence, not 7.5
Yes, they should fall off automatically. Don't know how much of a bump you will see. Single 30 day lates only impact your score for around 2 years.
+1
Lates fall off 7 years from their occurrence. There is no +180 days.
@guiness56 wrote:Late payments fall off at 7 years from their date of occurence, not 7.5
Yes, they should fall off automatically. Don't know how much of a bump you will see.
Thank you I am hoping to see a significant bump because I only have 3 discrepancies and all 3 should fall off by the end of this year I believe.
If anyone experienced any type of bump from having these lates fall off their report please share if it was a significant jump or not. Thanks!