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KellyP25721
Posts: 110
Registered: ‎01-27-2014
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Slow Pay (no more than 60 days)

How much does a slow pay, 60 days, hurt your score?

Starting Score: 573 (EX Faco)|Goal 700 Club
Current Scores: EX(Fico) 615, EQ(Fico) 601, TU(Fico) 666
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myjourney
Posts: 25,384
Registered: ‎02-07-2013
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Re: Slow Pay (no more than 60 days)


KellyP25721 wrote:

How much does a slow pay, 60 days, hurt your score?


Hurts a lot 

The older it gets the less of the hurt that being said a new one will sting a long time 

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Shogun
Posts: 12,952
Registered: ‎04-15-2011
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Re: Slow Pay (no more than 60 days)

30 and 60 day lates are minor derogs.  They hurt bad at first, but diminish fairly quickly.  They lose some sting after 6 months, quite a bit after a year.  After 2 years, they really don't factor in.


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New Contributor
KellyP25721
Posts: 110
Registered: ‎01-27-2014
0

Re: Slow Pay (no more than 60 days)

Thanks!  My slow pays are from 2009 & 2010.

Starting Score: 573 (EX Faco)|Goal 700 Club
Current Scores: EX(Fico) 615, EQ(Fico) 601, TU(Fico) 666
My Wallet:QuickSilverOne $1000|QuickSilverOne $3000|Barclay Rewards $2000

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