Reply
New Member
emperor702
Posts: 1
Registered: ‎09-24-2007

Old - 30 days late payments

I have 3 accounts that i was past due 30 days .. 1 was last April 2006 (i've been current since and account is still open) and the other is January 2006 (i've also been current then and account is still open), and the 3rd one was last Janaury 2005 (account is already closed). How does these old lates negatively impact my current score?
I am current on everything right now and these are the only ones that are negatively showing on my report.
 
Thanks,
E
Moderator Emeritus
fused
Posts: 16,166
Registered: ‎03-12-2007

Re: Old - 30 days late payments

Late payments less than two years old will have a greater negative affect on your scores. Beyond two years, the negative affects lessen as time goes by. I recommend you read the credit scoring 101 thread and write GW (goodwill) letters to try and remove these lates. Here are the links.
 
 

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+