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Valued Member
Posts: 140
Registered: ‎09-26-2012
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how bad does 30-day late hurt? how long does it hurt?

for auto loan AND credit card...

Valued Contributor
Posts: 1,863
Registered: ‎09-20-2011
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Re: how bad does 30-day late hurt? how long does it hurt?

One hurts, two hurts a lot.  The effect will lessen with time.  If the accounts had previously had a long history of positive payments and usage you may try writing a good will letter and see if they will remove them. 

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Posts: 22,406
Registered: ‎01-17-2008
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Re: how bad does 30-day late hurt? how long does it hurt?

[ Edited ]

A single 30 day late is a minor derogatory and you score should recover fairly quickly.  The late itself will stop impacting your score around 2 years.

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