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It will not have much of an impact if that is all there is and you are not late anymore. If it is a credit card that you were late on, it would not hurt to call the bank and ask them to remove the 30 day delenquency from your record. They might do it if you are a long term customer with good payment history.

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โˆ™ 2005-11-24 00:41:34
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Q: How much negative effect will 1 late payment of 30 days have on a credit report?
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How long will a foreclosure be on your credit report and how will it effect your credit score?

A foreclosure can stay on your credit report for over ten years. It will have a significant and negative impact on your score.


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A short sale will effect your credit score in a negative way. Your credit score will stay on your credit report for some years.


If you have a 10 day grace period on your auto loan. The payment is originally due on the 9th and your grace period ends the 19th. You pay the payment on the 15th. Does it effect your credit at all?

It depends entirely on the company as to whether they report it or not. They can report any late payment, even if made during the grace period. If they don't report it, it will not affect your credit. If they do report it, it will show up in the credit reports.


If you had a late payment seven years ago when will that payment disappear from your report?

A late payment made seven years ago should fall of your credit report as long as there was no other negative information reported on the same account after the fact.


How long does unpaid phone bills stay on your credit report?

Negative credit information remains on a report 7 years from the last date of activity. In other words, the last date you made a payment. I recommend that you settle the debt with the stipulation that the negative entry is removed.


What happens to your credit report if you have owed 2000 dollars for 6 years and never made a payment?

It'll continue to cause a negative effect on your report. More than likely cause problems if you attempt to get future credit. At least until the SOL expires. CRA's are never in a hurry to keep consumer's CR current.


What if you had a foreclosure and it is not on your credit report?

It sometimes takes a month or two to be added as a negative on your credit report.


Can a paid settlement to the collection agency be reported as paid as agreed?

As a general rule the answer is no. Collection agencies will report this to the credit bureau as being settled for less than what was due, which can have a negative impact on your credit report. While paying this money could seem like an effort to repair your credit, it actually can damage it. A situation like this often results from a debt being old and about to fall off of your credit report. If you pay the money to the collection agency then it will stamp a record of such payment for an amount less than the amount originally due. The worst part is that such a record will stay in your credit file for another seven years from the day the payment was received! If you don't make the payment the negative report resulting from that will probably fall off of your credit report much sooner.


Can you get a late payment removed from your credit report?

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If I don't pay a contract will it go on my credit report?

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Ask them to report your payment history to the three bureaus.


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How do you get credit reporting agencies to delete items from your credit report?

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How long will bad credit remain on your credit report?

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What is a free online credit report?

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Can late payments come off your credit report?

Yes late payments can come off your credit report. They can be removed by either the original creditor that put it on there or by the credit bureaus. You can dispute late payments on your credit report with the credit bureaus using the Fair Credit Reporting Act. The FCRA requires the credit bureaus to contact the creditors to verify the late payment. If the late payment isn't verified it must be removed.


How long does an auto repossesion stay on your credit report?

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How do credit repair agencies get 30 day late entries removed from the consumer's credit report?

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If you are two months late on a house payment or car payment how will that effect your credit and how long will it show up on the credit report?

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