
How Do Late Payments Affect my Credit Scores?
Making a late payment on your major bills (credit card, mortgage or loan) can hurt your credit score significantly. Whether you are just three days late or 30 days late,
Making a late payment on your major bills (credit card, mortgage or loan) can hurt your credit score significantly. Whether you are just three days late or 30 days late,
How your credit score is calculated Your credit score is calculated using an algorithm based on five factors. The most recent derogatory items on your credit profile have a bigger impact