CreditStrong for Business

SEPTEMBER 12, 2024

Late payments can happen to the best of us, whether it’s due to a job loss, financial crisis, or a financial emergency. Unfortunately, regardless of the reason, they will affect your credit score. Still, you may be wondering—how long do late payments stay on your credit report? on the due date are deemed as late.

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CreditStrong for Business

MARCH 10, 2023

Late payments remain on your credit bureau report and influence your credit score for seven years. Entries showing late payments remain for the duration, regardless of whether you pay the past due amount or not. Bankruptcy is an exception that may remain on your credit bureau report for up to 10 years.

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Fundera

JANUARY 21, 2016

You’ve got your personal credit score, your balance sheet, your profit and loss statement, your FICO SBSS…. You know, that small business credit score that’s all the rage these days? Credit Scores: A Refresher Course. A credit score reflects how trustworthy you are with money you borrow.

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