How Does A One Day Late Payment Can Affect My Credit Score?

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It is very considerable to know the consequences of one day late payment while making payment continuously to avoid high-interest rates. As regular payment has a history of paying terms, starting from a particular date to conclude. It is very seriously not going to affect your score, even after you have left one-day payment to your credit score.

Most of the borrowers doubt to have its bad effect on their credit score with one-time default. But as a matter of fact, there is no need to worry at all about it. Because your money lenders do not report your late payment terms to the credit bureau until you have extended to 30 days. If you come before late payment terms, that means you are in a safe zone to bear its consequences. After crossing thirty days of your payment terms will lead towards trouble.

There is a status code about your account, sent to the credit bureaus by your lender and it displays the entire status of your account. If you haven’t crossed to 30 days of the payment term, which means it is not chargeable anything as it continues going up and reaches to 59. Via 30 days, it will be counted to report late payment.

Your lender can still charge a late fee, after crossing your due date and there will be interest rates to pay on the due. There are a few tips to avoid making late payments, stay with us, and know these tips to take advantage of financial benefits ahead:

A few tips to avoid making late payments

#1.Pay attention to your contract

One of the issue occurrences is responsible for your denial of the contract after you receive a new card. It is a very important factor to consider so that you can avoid late payment. You need to go through the terms and conditions of your new card very carefully. Especially, payment terms where you will have to pay as a late penalty for lapse towards payment so that you can avoid such making mistakes.

#2.Keep along a proof for your payment

It can be anything such as your payment confirmation notification and number; these can be as evidence to your payment. Also, you must have a particular date of your payment, time and the paid amount just in case you come under late payment.

It will be very helpful for you to eliminate the illusion, and doing this can show. You are doing well, in terms of making payment by the guideline of the federal Consumer Financial Protection.

#3.Remind yourself

This will be a wonderful step to avoid late payment by setting up a reminder on any electrical gadget which can remind you. Through its beep or alarm before due date arrival to avoid late payments because this is all about making efforts to awareness of making payments. As there are companies that play an important role to make you aware of due date arrival of your payment. But here, you need to play this role by yourself to avoid skipping.

#4.Get assistance of automatic payment

Setting up an automatic payment is hassle-free set up to avoid late charges due to skipping as per the period mentioned above. You need to select a particular date and time then accordingly the fund will be deducted from your checking account to making payment.

This can last for a couple of months, so you need to be careful while fixing the amount. It is not possible to pay in full at once, so it is necessary to set up a specific amount to be drafted of your checking account.

#5.Contact with customer care

If you have reached to late fee date after being a regular payer due to any reason then immediately contact your customer care. Forgiving the intimation of skipping, speak with the concerned person about it. If you have been a regular payer doing this, may waive off your late fee due to your good history. Maintaining etiquette let them know about this and request to waive it off.

Does a one day late payment affect credit score?

As it has been mentioned earlier, one day with late payment can affect as a result of interest charges. Depending on the relationship between you and your lender, if you have been a regular payer and everything is found good.

In this case, it will not affect at all. If you have been a regular payer and it is found that your credit history is good in the eyes of the lender. He will then charge nothing from you. Otherwise, there are agencies to handle this type of lapse which is not considered good at all, if such lapse is reported to them by your lender.


A late payment can affect not your score, but your reputation can be affected in the eyes of your lender. It is better to pay focus for avoiding penalties and charges so that your credit score can be under the protection of paying late.

It is also important to show your regularity to payments, if there are difficult situations that have engulfed you around, show your courage by contacting customer service. It is a lot better to continue your punctuality towards making payments.

Why wait for a next payday? we gives you instant access to fast cash. Apply for online same day loans bad credit and meet your unwanted financial needs easily.

David Jay
Written by
David Jay
Rick Jonson Jonson

Rick Jonson Jonson

Rick is a freelancer and he has won a number of awards in the field of financing research with other institutions, apart from his organisation. He has also written several books on “debt elimination” and cure to come out of financial complications, advising to its major steps to follow. He is living in Pennsylvania with his wife “Sara Jonson” and two children.