Never seen it. If its 1 30 day late. After 2 yrs it isnt doing much damage any longer. All you can do is the GW letter chain.
@wife2froggy wrote:
@FireMedic1 wrote:Never seen it. If its 1 30 day late. After 2 yrs it isnt doing much damage any longer. All you can do is the GW letter chain.
I'd disagree with this. The ONLY late on my CR is 1 30 day from Freedom Mortgage in 2018. It's still the reason for decline on several applications (too many delinquent payments, or not enough accounts paid on time) I have several cards, car payment, mortgage, etc and that one single late from 5 years ago still haunts me. A late mortgage payment is far more detrimental than anything else. My DH has a couple of lates on a CC from 2020 and they don't affect his approvals at all now.
I asked for a courtesy removal (I paid May's payment on June 2) and was turned down.
I think it's very much profile-dependent, but there's a chart floating around here that corroborates what @FireMedic1 is saying. In your case, whatever companies you've applied for may just be weighing that one late heavily against you. But it may not be the only factor or even the main factor in your denials (they're required by law to give you *a* reason, but that doesn't mean it's the main reason).
