When does Bad Payment History become Not Good Payment History?

[smismar]

Does it take months or years?

[davidboca]

For some yes. For others it can literally take only hours. Rectification of the cause will immediately have an effect.

For instance:

If I were to have missed several payments on my accounts and had a 'bad payment history' message, and I were to be able to GW all of the accounts, then in theory FICO would definitely move me up to 'Great Payment History' instantly.

If I did nothing about it and did not try for GW, then it could take up to 7 years to get to 'Great', all of course depending of how long ago the payment problem occurred.

[RobertEG]

If legit and not removed, they take years to reduce their impact, particulary for major derogs of 60+

Monthly creep is, from my experience, in the range of only 1-3 points as they age.

Payment history is rated at 35% of score, because it is deemed a prime indicator of risk.