Reply
New Member
Posts: 3
Registered: ‎07-30-2007
0

Need an Answer on Late Payment history

my credit score is almost to the 700 mark. I am 27 years old and when i was young and stupid about 17 and 18 i got a few credit cards and rang up some debt, then didnt pay them for a few months, say 2-3 months. i was out of the country and forgot. but when i came back i took care of all three cards. paid them and soon or later paid them all off. i have not had a late payment for over 8 years on any card. what im asking is that in my report it says that i havent had a late payment for over 7 years. i always thought that the credit bureaus dropped reporting late payments if it was past 7 years and u havent been late on any payments since? Am i mistaken? What should i do? Is there anything i can do or is it just a myth that those things drop off your credit report after 7 years. Jay
New Member
Posts: 3
Registered: ‎07-30-2007
0

Re: Need an Answer on Late Payment history

The other 2 late payments were about 5-6 years ago and have not been late since. Do they drop off after a certain point? i have always heard 5-7 years?
New Member
Posts: 3
Registered: ‎07-30-2007
0

Re: Need an Answer on Late Payment history

Also i noticed i have a collection from 2004 for 198$ for a hospital bill that they charged me but i was not supposed to pay back. I sent the copy of the paper work that stated that i was responsible for 0% or covered 100% for any bill that i occurred at the hospital. It states that the last time this was reported to the credit bureau was March 2005. And it states in the status column that this is "not reported". I am not sure what any of this means. And not sure how i can fix this
Highlighted
Moderator Emeritus
Posts: 16,379
Registered: ‎03-12-2007
0

Re: Need an Answer on Late Payment history

7 years for late payments.
Credit Profile -
FICO 08 Scores (03-26-2015): EQ 814, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26 years ~ AAoA: 13 years ~ Util: 1% ~ Inqs: EX 1, EQ 1

Credit Cards: Amex BCP ~ Amex Clear ~ Amex Platinum ~ Barclay Ring Mastercard ~ Chase Freedom Visa ~ CITI Dividend Platinum World Mastercard ~ FIA Fidelity Investment Platinum Visa ~ First Hawaiian Bank Gold Visa
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.