Payments more than 30 days late will reflect on your credit report for seven years. But don't worry, they don’t hurt your credit score for that long. 30 day lates hurt for one year, 60 day lates hurt for three years, and lates over 90 days hurt for seven years.
How long do late payments affect credit score
30 day late payments will affect your credit score up to one year. 60 day lates will affect your score for three years, and 90 day (or more) lates will affect your score for seven years. At 120 days, many creditors "charge off" the debt and sell it to collections.
Get Your Late Payments Professionally Removed
In some cases, we recommend speaking with a Credit Repair professional to analyze your credit report. It's so much less stress, hassle, and time to let professionals identify the reasons for your score drop.
If you're looking for a reputable company to increase your credit score, we recommend Credit Glory. Call them on (800-807-4388) or setup a consultation with them. They also happen to have incredible customer service.
Credit Glory is a credit repair company that helps everyday Americans remove inaccurate, incomplete, unverifiable, unauthorized, or fraudulent negative items from their credit report. Their primary goal is empowering consumers with the opportunity and knowledge to reach their financial dreams in 2020 and beyond.