If the late payment is accurate, it will remain on your credit report for seven years from the date of the missed payment, which is called the original delinquency date. For example, if you miss a payment this month, it will be removed from your credit report seven years from this month.
If you believe the late payment is inaccurate, you can dispute it at no cost. To dispute information on your Experian credit report, go to www.experian.com/dispute. If you have a current Experian consumer report, you can simply enter your report number to begin the dispute process. If you do not have a recent credit report from Experian, you can access your report at no charge online by providing the information requested.
Late payments are one of the most important factors in determining your credit score. The best things you can do to improve your credit scores is to catch up on your payments and bring your accounts current. The further in the past the late payment occurs, the less impact it will have on credit scores and lending decisions.
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Scoped on: 11/14/2017