How Long Will Late Payments Haunt Me on My Credit Report?

It is a known fact that late payments will affect yourJust because the credit bureaus do not count a
credit for the worst. But what a lot of people do notpayment that is less than thirty days late does not
know is that if a payment is less than thirty days late itmean that there are no consequences for your past
will not show up on your credit report nor will it bedue payments. An example of a consequence for a
reported to the credit bureaus. For example, if alate payment would be credit card companies raising
payment is due on the 27th and you do not pay untilthe interest rate on your credit cards.
the 9th of the following month it will not be reported toThis may or may not happen depending on your credit
the bureaus as late.card company, but why chance it if you do not have
This is, however, a late payment with your credit cardto? For more information on how late payments
company. Luckily, it will not reflect your credit report butaffect your credit you can contact your credit card
if it is more than thirty days late it will show as a "1-timecompanies, any lenders that you have any accounts
30day late payment". Untimely payments usually affectwith, or any of the three credit bureaus. You can also
your score for up to a year along with whatever othergo to annunalcreditreport dot com.
revolving credit accounts you may have.