The student loan could actually be reported as being in default showing multiple late payments. (stockmonkeys.com)
Regular, timely payments will be regarded favorably by potential creditors while multiple late payments could negatively affect your credit score. (mycreditscorereview.com)
Even if the credit card balance is low, if a person has paid multiple late payments on a consistent basis, it is unlikely that their credit score will be any higher than five or six hundred. (nationalcreditfederation.com)