If you are like most people with bad credit you probably have many late payments on your credit report that are pulling your FICO scores down. Chances are also wondering how long does a late payment stay on your credit report and how you can get a late payment removed from your credit report, well keep reading to find out!
Click Here To Learn How To Quickly Remove Late Payments From Your Credit Report
To begin with lets look at how long late payments will stay on your credit report. The law says that the credit bureaus have to remove any negative activity after years, 10 years for bankruptcies! But what many people discover is that they have late payments reporting on their credit report long after the seven years is up. Even though they are older then 7 years they will still pull your scores down so make sure to monitor your credit report closely! Here isa great way to monitor your credit report
How Can You Get Late Payemnts Removed From Your Credit Report
Getting late payments removed from your credit report is not difficult or impossible but will require you to employ some basic credit repair techniques. Basically you will need to draft a credit dispute letter stating that the account is over 7 years old and you would like it removed. Then send it to the reporting bureaus via certified mail and they will remove it.
What If My Late Payments Are Not Seven Years Old?
You still have a chance to get a late payment on your credit report removed if it is under seven years old. You have a few options. You can call your lender and ask them to remove it, this often works if you have an unpaid outstanding balance that you can settle up. Or the other option is to use the law to your advantage and dispute the late payment with a credit dispute letter.
This is the same as disputing a account that has been on your report for many years, howeever you need to give specific reason why you are disputing the late payment. Never just claim the account was never late instead dispute specifics like the date of the late payment or that you had a payment arrangement worked out with the lender and they agreed to not mark the payment late. These are basic credit repair tactics that can work well when combined with other tactics!
To learn about our proven system that will help you fix your credit quickly and remove late payements from your credit report visit www.creditfix123.info/37days
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