how long does a late payment stay on credit
Late payments are black marks that normally stay on a credit report for 7 years. That's true of most negative information like foreclosures, Chapter 13 bankruptcies, charge-offs and paid tax liens; a Chapter 7 bankruptcy stays around for 10 years and unpaid tax liens can linger indefinitely.reditors usually report late payments to credit bureaus when you run 30 days or more past due. Late payments seriously damage your credit score and make it difficult to get credit, as well as saddle you with high interest rates.