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New Member
4thedogs
Posts: 4
Registered: ‎12-05-2012

OK so I was late...

Ok so I was late in 2010. It is on record as 30 days late. And I was late in 2009 a couple of times. Once 90 days, 2 x 60 days and a 30 day. And now I am still paying for it. I carry a zero balance on two cards. No house payment (house is paid off early mind you). And a car payment that has never been late. I know that the late payments stay on for a period and the further back in the past, the less they matter but how far back. I have never been bankrupt, I have paid all my debts but I can not move forward with my score. It is soo frustrating. I am not looking for anything to purchase of another credit card (I have two and no more) I just want to inprove my score. 

Valued Contributor
Jutz
Posts: 1,216
Registered: ‎05-10-2012

Re: OK so I was late...

Minor Derogs like 30 day lates age almost if not entirely off in 2 years time.  Major derogs will fade, but will keep you in a bucket that prevents you from breaking through a certain point.  Your 90 day late is a major derog.  If someone could chime in on 60 day lates that would be great, because I'm not sure, and I'd also like to know.

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Valued Contributor
Jutz
Posts: 1,216
Registered: ‎05-10-2012

Re: OK so I was late...

What are your scores and where are you getting them from, by the way.  What is your average age of accounts.  3+ credit cards is generally recommended to maximize your score, and sometimes reporting less than 9% UTIL on just one card can give you a few points.  This could be completely different for you of course, YMMV

  • Current: EQ FICO 694, TU FICO 695, EX FICO 698 | Starting Score: 525 (05/2012)
  • Starting total revolving credit: $1100 | Current total revolving credit: $29,500
  • Inquiries (12 Months): EQ 6 TU 3 EX 6 | Most Recent: 1/21/2014
Chase Freedom $5000
DCU Visa $10000
Capital One QS $2000
AMEX BCE $1000
Lowe's CC $8500
WalMart CC $2400
BOA Platinum $600
AMEX Gold NPSL
Regular Contributor
jandj80
Posts: 230
Registered: ‎09-22-2012

Re: OK so I was late...

From what I know, 60 days are still considered minors. I would GW them and explain that this one mistake is haunting you. Keep trying. I always prefer to talk to a person rather than write letters. I called many times until I got someone to help me. Don't give up. Point out that you were a great payer after your minor mistake and that you are an ideal customer now. Don't give up. 


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Moderator
Shogun
Posts: 11,090
Registered: ‎04-15-2011

Re: OK so I was late...

+1  60 day lates are still minor, 90 and above are major.   You should try to GW them.


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New Member
4thedogs
Posts: 4
Registered: ‎12-05-2012

Re: OK so I was late...

[ Edited ]

I finally got back on here. My transunion is 647 and my exp fico is 655.  I do not have a mortgage, my house is paid for clear and free. (I did a land contract for 10 years). I only have two open credit cards with zero of minimal balance. One car payment, a year into a 5 year auto loan? And pardon my ignorance .. what does GW mean?


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