Late payments do affect your credit rating but what most consumers don’t know is that it also depends on how late your payment is made to the creditor. To start with, late payments that are made to creditors but are no later than 30 days late are not reported to the credit bureaus. So for [...]
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How Long Do Late Payments Stay on My Credit Report?
April 14th, 2010
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Tags: 12 Months, Car Loans, Car Payments, Consumers, Couple Of Days, Credit Bureaus, Credit Card Payment, Credit Cards, Credit Rating, Credit Report, Creditor, Creditors, Interest Rate, Late Payments, Mortgage Loans, Mortgage Payments, Personal Loans, Score, Secured Loans, Tony Banks
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