I have a question. Does 1 late payment get treated same as making 2 late payments?
Date: Sun, 12/16/2018 - 22:43
I have a question. Does 1 late payment get treated same as making 2 late payments? I mean in terms of credit report an score. Does it impact much? Actually I could not make the minimum payment on a credit card last month and this also it's a bit difficult. But I think surely clear everything in the coming month.
A 30-60 day late payments don
A 30-60 day late payments don't have a serious impact on your credit score. But a 90 day late payment will hurt your credit score badly. Try to clear the balance in the coming month.
If you are 90 days (3 months)
If you are 90 days (3 months) late, then it will hurt your credit score. Try to clear all the balance as soon as possible. Explain your financial hardship to the credit card companies.