Late Payments

Need help removing late payments from your credit report? Top Credit Consulting can help.

When you don’t pay a bill or debt on time it becomes a late payment that can then be reported to the credit bureaus. Late payments can have a devastating impact on your credit, especially if you have good or excellent credit. One late payment reported to your credit file can significantly drop your credit score. On the other hand, individuals with lower credit scores already have a history of risky behavior that includes late payments. One more late payment does not usually affect the credit score as much.

To maintain or improve your credit score, pay your bills on time, even if it’s the minimum amount due. Set up automatic payments to avoid being late. There are several methods for removing late payments from your credit report. TCC knows how to work with your creditors to request payment adjustments, reduce payments, or dispute incorrect or false late payments.