They will likely report it again as it becomes 60, 90, and 120 days past due, meaning failure to repay a single loan can have a large,
lasting impact on your credit history.
Not exact matches
Scoring models take into account bankruptcies, foreclosures and missed / halted payments, and having any of these in your
credit history can have a long -
lasting impact on your ability to apply for
credit in the future.