how much does a 30 day late effect your credit score?
928748
Speaking as a nationally known credit score and lending expert (book, radio shows, newpaper column, etc)....\n\nIt depends entirely on the TYPE of account, and also your other credit reported. I can give some general guidelines, though.\n\nMortgage payment late 30 days, 60-120 points\nAuto loan payment late 30 days once 30-55 points\nCredit card late payment once 15-30 points
443267
Pay your bills by the due date. (even if it is the minimum) any thing paid after the due date reduces your rating. \nEg: R1 is the best rating.  R9 (written off) is the worst. \nThe scores will worsen, as you delay your payment. \nR2 means you paid past the due date but less than 30 days \nR3 means you paid past the due date but more than 30 to 60\nR4 60 to 90...and so on.\n\nReduce the number of credit cards you have.\n\nDo not apply for every card out there. (you will be known as a "credit seeker")\n\nNever stop paying a creditor eg: write something off.\n\nIf you are in debt, seek a credit counselling service, they can help you bring it down, but this will affect your rating. \nBankruptcy will affect your rating.\n\nYou should contact equifax, to review a copy of your credit rating, to ensure that there are not errors. (it will be your responsibility and time/money to straighten out any mistakes).\n\nAnything you do...good or bad, will remain on your rating (credit score) for 7 years.  \n\nGood luck.
1116104
just make sure it's been 30 days
73084
Absolutely. Just keep paying against what you have on time. Single biggest factor impacting score is payment history. Next, if you have the ability, is paying down revolving credit like credit cards and the like. No need to pay them off - but if you keep them below 33% of the approved limit, you'll see your score rise.\n\nIncreasing income, by the way, has no impact on score.
702044
No. It's just a credit inquiry. But, if there are more than 2 credit inquiries, then it can affect your score.
879327
Yes.If they've gone to collections or an attorney then they're on your report(s) and marked key derogatory or 30,60,90,120 days late.Sometimes the creditor will sell these written off accounts to resurgent companies.At that point you should contact the resurgent company and dispute with all three bureaus.\nOnce you dispute an account that's sold or written off the creditor has no claim to it anymore and will not reply to the dispute.Then the bureaus will remove the information.I did this very same thing and am paying Capital Management only 2477.00 back on 7079.00.They buy these accounts for just a few cents on the dollar and don't report to the bureaus.Resurgent companies don't want your credit ruined.\nBankruptcy is the very last resort.It screws up your credit almost as badly,and yes these bankruptcies go on your reports.\nBarring any of this contact an agency(like the ones you see commercials for) and they can help reduce your payments.I have to do this with my evil ex-wife because I unknowingly married into 27,000.00 of credit card debt.I think we used Credit Guard but I try to think of that experience as little as my failed marriage
237895
2 issues:\n\n1) You are not saying about your "negative" items i.e., 30 day lates, 60 day lates, charge offs, etc. Depending on the time and what is being reported will determine what will happen to your score.\n\n2) Credit reporting lag. That is the time it takes for your creditors to update info to the credit bureaus. This can be anywhere from 30-90 days.\n\nGo to www.myfico.com and learn about FICO credit scoring.\n\nGood Luck
731201
Keep in mind that credit card companies (most) are not going to report if you are 30 days or less delinquent.  If you are within this time frame definately get it current and it wont affect it at all.  If you are more than 30 days get it current and they will report that you are paying as agreed.  It does help your score to not go any lower but only on time payments for several months are going to raise it.  Also, don't be afraid to talk with your creditor, they actually will help you.  If you need help paying your bills tell them.  They will get you on a program where you can pay less than your min due and they will report that you are paying as agreed.  Only do these programs if you CANNOT bring the account current with one payment.  The program is an alternative to paying less than the min due.  Good luck.
193993
Be very careful about which card you choose.  Read the whole offer, because if you are careless, and sign the wrong one, you could end up paying fees of up to 300.00.  Meaning you could send one 500.00, and your first statement will come with you already owing 300.00.  The cards that you send your money to will cost you money, basically you buying your new credit, but in the future other creditors will only see that you had a card that you paid on time.  That is never pay late with them!  Also, try not to get over 80% of your limit.  It usually shows the balance, and date of that balance month after month.  Being near/over you limit is looked at nearly as bad as a late payment.
281526
First let's dispel a myth about credit.\n\nLet's say you have a major credit card with a $2,000.00 limit and you charge $2,000.00 every month and when you get you statement you pay it in full. You will not have any late charges but your credit file will show that you owe the credit card company the full amount of your credil limit which will lower your score.\n\nIf you want the highest score possible make sure you credit card has as close to a zero balance(definitely not more than 50% of your credit line) when it is the end of your statement cycle. This is what is reported to the credit bureas.\n\nAlso, watch out for credit reporting lag, i.e. you pay off your credit card in March but the zero balance may not show up on your credit report for 60-90 days.\n\nAlso be careful, because some credit card companies are now not reporting credit limits to the credit bureaus but only high credit.\n\nIf you haven't checked out your credit reports go to www.annualcreditreport.com and you can get all 3 for free and it won't lower your score.\n\nOnly get your credit scores from www.myfico.com/12 because that is the real FICO score that lenders use. Plus you will get the top 4 reasons that your credit score isn't higher and that will give you a game plan. All of the other scores advertised on the web are worthless.
653128
If they dont report the information to the credit bureaus it does not affect your credit.  Going 7 dollars over does not effect your credit if paid within the 30 day period
45327
They could eventually.  What could happen is they can sell your overdue account to a collections agency and the collections agency could sue you and if they win the lawsuit they could have your wages garnished.\n\nThe big issue is that you are destroying your credit, by not paying this debt.  It is probably a relatively small amount and will stay on your record for 7 years.  If it is not in collections contact the book club and make arrangements to pay off your debt.  If it is collections make sure you are staying current on your other bills and pay any extra money to paying off your debt.  If it is in collections paying it off will not help your FICO score, but it will make your credit report look better.
528820
as long as your bill is paid by due date is all that matters.\npaying early does not make credit rating go up
350470
Well all of you information will be on your credit report for 7 years.  Charged off accounts impact your account negatively, only when they are paid in full will they bring your score back up.  If it is not listed on your credit report DO NOT worry about it, if you are only worried about your credit score.  Looking at your scenario, it looks like your credit is in the high 500's, low 600's.  I would suggest keep making payments on time, do not close out any accounts that are currently paid to date, and if you have any more questions contact me... :)\n\ngood luck.
937569
That would depend on how long you have been delinquent and if the amount was sent to collection or if they still own the late account. I would contact corporate office and ask for info on your account as they may have added late fees and others thet made the amount higher than you know of. Good luck.
871028
NO...............\nNOTHING THAT FAST..\n\nCREDIT HISTORY UPDATED ONCE A MONTH\nSO WOULD TAKE UP TO 45 DAYS TO REFLECT CHANGE.\n2 LITTLE HITS WILL NOT MAKE ANY DIFFERENCE ON MORTAGES.\n\nLOOK AT CREDIT SCORE 675 OR HIGHER?\nGOOD TO GO.\n\nANYWAY JUST CONTEST THE LATE PMT ON GAS COMPANY.\nTHEY WON'T RESPOND TO CREDIT BUREAU RESPONSE AND IT WILL BE TAKEN OFF.\nTHE GAS COMPANY WON'T DO ANYTHING TO HAVE IT TAKEN OFF.\nCONTEST IT TO CREDIT BUREAU-THEY CONTACT GAS COMPANY-COMPANY WON'T RESPOND-IT WILL BE TAKEN OFF.
624423
If you are shopping for major investment loans, like for homes or cars, all inquries made within a 14 day period count as 1 hard inquiry. (as long as they are all the same kind of inquiry) This rule does not apply to credit cards.\n\nBut otherwise, each hard inquiry can shave 2-50 points off of your credit score.\n\nSo when shopping for credit, you must do your homework ahead of time, and organize your efforts accordingly.\n\nTake care,\n\nI.C. Jackson