VERY poor payment history

[Mm587]

I am rebuilding...started at about 530 two years ago and am currently at about 630.  About 18 months ago i began paing everything on time.  Prior to that, i didnt pay anythign on time.  The bottom line is that my on time payment history is about 70 percent....with that being 35 percent of my FICO, is it safe to say that in 6 months, as the months just prior to my beginning to pay on time fall off, my score should increase?  at the time i began paing on time I only had a mortgage and one secured cc.  i have since added several cards and continue to pay everything on time...wells fargo only reports prior 24 months....am i reading this correctly?  if so, i need to sit tight, let the onld lates fall off and then go for prime!  thanks!!

[polno1234]

that i know of once a late is there it is there for 7 years. where did you see 24 months? your score will increase. overtime as the lates age they have less impact. you could try to GW  the lates. otherwise just chill and pay on time.

[somotao]

You are indeed on the right track. Ontime payment history place such a huge role in the determination of your credit score. As your late payments continue to age, you will notice your score increase. Keep up the good work and you will notice that your score will only continue to go up.