Showing results for 
Search instead for 
Did you mean: 

String of Lates

Regular Contributor

String of Lates

Happy New Year MyFico gurus!

I've been in a hurry up and wait pattern for awhile now. Waiting on old late payments to drop off from years ago. No collections, no charge offs or anything on reports anymore (paid them all off in full). Never had a bankruptcy, car repo or foreclosure either. Have had mortgage for nearly 20 yrs and a handful of lates on various accounts back in the day.


Please remind me if a string of lates fall off when the first late in the string hits 7 yr mark or does each late fall off monthly at the 7 yr mark? I seem to have (possibly) read here somewhere that certain credit bureau drops all the lates in a string upon said mark but I also seem to remember that another credit bureau drops each single late mark individually at the month of occurrence mark, and therefore, takes longer for lates to fall off completely.


I'm really getting anxious now because all lates (if they fall off individually all lates will be history by May 2023). Several will also fall off here in 2022. If the string of lates fall on the first late in the string, I could be with no more lates at all here in 2022. Fingers crossed for the latter.


Thanks in advance for any insight....


Message 1 of 2
Community Leader
Super Contributor

Re: String of Lates

Its usually the first late of a string. Just like CO's. Its the first late that led to a CO and not the CO itself.

Homeowner Sept 2020. 2021 Explorer ST Chase 3.1%. Sharing my rebuild after BK from learning here. Started 540's. FICO 9 801 as of 05/03/2023. I stayed around to pay it forward for those who helped me back then.

Message 2 of 2
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.