Wednesday, June 13, 2012

How Much Will One Late Payment Hurt Your Credit Score?

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How Much Will One Late Payment Hurt Your Credit Score?By Gerri Detweiler

You open your credit card statement and discover you forgot to make last month's payment. Or you get a call from a collection agency about a medical bill you didn't realize hadn't been paid. Or you check your credit reports and discover a late payment is marring your otherwise perfect payment history.

How bad is it? How much does a single late payment affect your credit scores?

Of course, as with so many things related to credit scores, the answer is, "It depends." But the...

How Much Will One Late Payment Hurt Your Credit Score? originally appeared on DailyFinance.com on 2012-06-13T10:41:00Z.

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