While Jane didn't have any negatives on her report as
far as late payments, Jane carried too much debt and no bank was willing to loan her any more money.
Not exact matches
The
latest projections call for a 23 % reduction of scheduled benefits, and while that's better than getting no money out of Social Security, it's also
far from ideal — especially given the number of seniors who currently, or will one day, come to rely on those
payments as a key source of income.
That first
late payment was what led to everything else and, so
as far as I can recall, I've never been
late since 1993.
Avoid any
further derogatory actions, such
as new
late payments or collection accounts, increasing open credit card balances, or submitting new credit applications
However, if you have a history of
late payments, your lender may take
further action, such
as sending your account to a collection agency.
It shows if you've made
late payments or skipped
payments,
as far as 7 to 10 years ago.