I was late on a credit card .My score went done 41 points to a 608 .How long will it take to bring i

I paid the bill the day after my credit score changed. This is the

only late payment I have had in over three years.

I was late on a credit card .My score went done 41 points to a 608 .How long will it take to bring it back up?

Late payments are especially damaging to a FICO score. In the current model they account for 35% of your score.

You might contact the credit card company (send a letter) and ask them to make a goodwill removal of that late payment from report. They are under no obligation to do so but it might work. You will also want to make sure that you are paying your balance on in full every month so as not to pay interest.

Typically credit scores will rise significantly after 18-24 months of on-time payments.

I was late on a credit card .My score went done 41 points to a 608 .How long will it take to bring it back up?

it changes every month... just be sure you%26#039;re never late with payments and don%26#039;t just pay the minimum. Even an additional dollar would hepl a lot.

I was late on a credit card .My score went done 41 points to a 608 .How long will it take to bring it back up?

Unfortunately for you, The way the credit score system is set up, your Credit score drops a whole lot faster than it can be raised. It takes several months of no more late payments, and payments that are on time to raise it back up.

The scoring system sucks and don%26#039;t seem fair, but that%26#039;s how it works. I know this now, because I have worked with peoples credit for the last 3 years.

Also, try not to apply for anymore credit for several months. The more times you apply for credit cards and things will also limit how fast your score can go up.