how much does late payments affect score?

[los_west]

I've had some late payments in 2007 and 2008 that were overdue because I hit financial rock bottom at that point.  But since then, I've been consistent about paying on time.  So how much does those older late payments hurt my score?

Is there anything I can do about them, or am I pretty much stuck waiting until they fall off?

[guiness56]

It depends on what type of late payment.  30 and 60 day lates are minor derogatories and generally affect your score for about 2 years.  Any thing over that is a major derogatory and can impact your score for nearly 7 years.

You can always send out GW letters asking for their deletion.