Late payments can be reported on your credit report for all types of credit accounts. The most popular being Credit Cards, Personal & Auto Loans, Mortgages, and Student Loans.
In this guide, we are going to discuss the options available to you for removing late payments from your credit report.
Let’s get started!
There will come a time when you want to upgrade to a bigger home. Or refinance it and get a better rate, or even pull out some cash for a kitchen remodel.
You might even want to buy a new car or an investment property to start collecting rental income.
Sometimes you don’t want to buy anything at all; you just need the security of having some available credit to draw from in case of an emergency.
You’ll fill out an application for that new loan and then bam! The bank hits you with some bad news; they cannot give you the loan you wanted. Left in disbelief, you think to yourself “What is the problem? My credit is perfect, you need to rerun my application, or I’m going to a different bank!”
Upon further research and a quick look at your credit report, you … READ MORE