credit score and late payments
 

can a late payment drop you credit scroe a 100 points or so?

not likely. Now, if you're a month or two late.....

late payment as in 30-60 or 90 days, or late as in 5-10 days or so and paying a late fee?

a 30 day late payment that would show up on you credit report

pay your damn bills!

theres other mitigating factors in your score decline, but that 30 day is the major influence

Yeah, but even a late payment well past 30 days is not going to drop your score 100 pts.

we have no idea if he has or had other lates, collections, judgements and a million other things. I did mortgages for 10 years, seen it all

the only other negative item is high resolving balances on accounts

which is a major influence :winkwink:

I was referring simply to the impact of the one late he was referring to irrevelant of whatever negatives he may have.

or if u inquire about ur SSN alot

credit inquiries made by creditors is different than personal inquiries

what's the point of having a high credit limit if you can't use it all.I pay the full balance every month

Your not delinquint sp? until 60 days as far as your credit score goes.

they look at it as your living to 100% of your means

uh huh :1orglaugh

Look it up

all creditors are different but if your payment is due on the 1st with say a 10 day grace they will usually, start the reporting on the 10th of the next month, 30 days late. Shit the shady lenders that lend money at 20% are calling and sending letters the day before your payment is due :1orglaugh

thats what i thought also, but it's actually 30 days

veternsday how many points does a 30 day late usally drop a person? Also can 30 day lates be erased using some credit repair services?

all 3 bureaus have thier own way of scoring and factoring detrimental reporting such as lates, judgements and so forth. No way to tell for sure. As for getting 30 day lates taken off, is only possible if it was in fact not 30 days late, you will need proof that it was not in fact 30 days late, then file a complaint with whichever bureau is reporting the 30 and they will in turn contact your creditor that reported you. Those credit repair companies are nothing more than shams, they do nothing different than you can do yourself, which is dispute the reporting.

I always to my payments on time !

intresting i thought they could get stuff taken off, just based on the fact if the credit bureau does not respond in a ceartain amount of time

It depends how recent and I think it sure can drop it 100 points.

100 points seems like a lot for making one mistake.

just last month, i think the more recent it is the more it counts

if those credit repair companies are banking on swamping the bureau with 100's of identical requests to eliminate something and it does in fact fall off due to no reply within reasonable time, you can bet your ass the creditor will reinitiate the delinquency and now your back to square one, just pay your shit on time, and if you fuck up, live and learn :2 cents: