topic Re: FICO ALERT -[77] in Understanding FICO® Scoring

FICO ALERT -[77]

Anonymous — Thu, 04 Sep 2008 22:25:44 GMT

when is a 30 day late a 30 day late???? my payment was 25 days past due and I was hit with a 30 day late, someone please explain to me what is a 30 day late!

Re: FICO ALERT -[77]

Anonymous — Thu, 04 Sep 2008 22:38:33 GMT

Depends on the lender. They make up their own rules I learned through others. Technically when a payment is 29+ days beyond the stated due date.

You have room to argue with the lender for removal if less than 29+ days. Some lenders consider it 30 days after the closing date, some even 1 hour late past the due date. Call up calmly and ask for it to be removed ASAP.

Re: FICO ALERT -[77]

haulingthescoreup — Fri, 05 Sep 2008 23:23:18 GMT

And if I would you, I would happily pay their internal late fee without a single quibble or whimper, if only they would not report the late. Getting the late off is the important thing!

Message Edited by haulingthescoreup on 09-05-2008 04:23 PM

Re: FICO ALERT -[77]

Anonymous — Fri, 05 Sep 2008 13:53:29 GMT

Thanks piz and haul I called fico and they told me I had any proof I could just send it in, I due have the statement which says the card was paid on the 15th of the August. It was due on the 21st of July

Re: FICO ALERT -[77]

Anonymous — Fri, 05 Sep 2008 13:56:01 GMT

Now you know why we always say NEVER......NEVER BE LATE. !!!!!!!!!!!!!

It's like when you were in school. If the report was due at 3:00 PM Friday afternoon, and you show up at 3:05 PM - YOU'RE LATE !!!!!!!!!!!!!!!!!!

Re: FICO ALERT -[77]

marty56 — Fri, 05 Sep 2008 23:09:26 GMT

Wells Fargo used to mark a patment late if it wasn't paid by the next statement date which could be 2 days aftet the due date.