Reply
Mega Contributor
RobertEG
Posts: 18,505
Registered: ‎03-19-2007
0

How long do old late payments hurt?

I know that prior late payments hurt, and hear general statements that their "effect lessens with time."  My FICO is just reaching 700, and the main negative is that i had two 30 day lates and one 90 delay, all happening and cleared up in a four month period of hard times just about two years ago.  It has now been two years with absolutely no lates.  Any feeling of the efffect these are still having on my score?  Do they ever go away?
Great forum!!!!!
New Member
ShannonHope
Posts: 7
Registered: ‎03-19-2007
0

I have one late payment (30days) and it says on my report...

I have one late payment (30days) and it says on my report that it is to remain until 2013...... sorry....
Regular Contributor
Skiffy
Posts: 252
Registered: ‎03-16-2007
0

They hurt for 7 years, but the worst of the hurt is over...

They hurt for 7 years, but the worst of the hurt is over in two years.

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}