How long do late payments affect my credit score?

Late payments on loans and credit cards are usually reported only 30 days past the due date. If you pay within those 30 days, your late payment won’t be reported to the credit bureaus, but you will be charged a late fee.

Payment history makes up 35% of your FICO® score which is one of the most widely used scoring models. It is also a highly influential factor in VantageScore® scoring models. Missing or making a late payment could affect as much as 180 points of your credit score. When a missed payment is reported, it stays on your credit report as a negative payment history for up to seven years whether you have paid it or not. This can affect your credit scores and how lenders see your creditworthiness.