Now I not only have had a bankruptcy on my credit but negative
marks for late payments that shouldn't of even happened.
Make sure every account is either crossed out (authorized user), checked off (on time only), or
marked for late payments.
Not exact matches
Poor Credit Credit Cards - 3 Tips to Getting Approved Just a few black
marks on your credit report — a couple of
late payments, an account that's been «charged off» — can be enough
for creditors and lenders to consider you a «high risk» customer.
Winning approval
for an unsecured credit card is not a realistic expectation
for someone with a negative history of
late payments or other bad
marks on their consumer report.
Demonstrate too many months where you were
late with a loan
payment, made a partial
payment, or didn't pay at all, and it'll show with a red check
mark for the particular month you were delinquent.
Negative
marks for collection actions, repossessions, foreclosures and even
late payments take seven years to drop from credit...
Once a few
payments have been missed it not only reflects negatively on the individuals credit report as black
marks but will often result in an increased interest rate as well as additional penalties
for over-the-limit balances and
late payments.
If you hit that 30 - day
mark and it's a one - time issue, call the creditor and ask
for the
late payment to be removed from your file.
Regularly check your score
for mistakes, such as
payments marked late that you paid on time or negative information that's too old to report.
They also have them all
marked as
late payments, even though I have emails of the receiving my info
for deferment or forbearance, which I did and which are still in forbearance until this may.
Check
for errors, such as accounts that don't belong to you, or
payments marked as
late that you made on time.
Even if it was as simple as being a few days
late with your credit card
payment, it leaves a black
mark on your credit report that drops your score significantly and serves as a huge warning flag
for future creditors.
Negative
marks, including
late and missed
payments, can remain on your credit history
for up to seven years.