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How To Remove Late Payments

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How To Remove Late Payments

2017/11/10

You Can Remove late payments from Your credit Score And Improved Your Rating!

There is nothing worse than for a banker to make an inquiry on your credit report only to find a long history of late payments starring back at them.  Even though they want to give you loan, they have strict guidelines that determine who is most qualified.

The fact that you were able to make the payments does not preclude you from getting a ding on your credit report.  When they see late payments, they wonder about the circumstances surrounding your income and your sense of responsibility and character.

They surmise that if you were late on making your payments to others, then you will be late making your payments on time with them.  In some instances it’s a case-by-case judgment call on behalf of the lender.  Having a history of late payments can be devastating to your credit report that can last up to 7 years.

Consequently, a history of late payments will keep either cause a bank to grant you a loan with extremely high interest rates or keep you from getting a loan altogether.  So what do you do about it?  Contrary to popular belief, you don’t have to keep late payments on your credit history.  A late payment history can be removed so your rating is restored to acceptable standards.

Removing late payments from your credit report is s simple process that involves a keen understanding of the credit laws.  If you are unaware or don’t know about them, then I recommend that you turn it over to the experts.  Let them do the work for you, especially if you don’t have the time to take the “Do it yourself” approach.

If you are thinking about getting a loan in the near future, give yourself the added advantage of removing late payments from your history so when a bank makes an inquiry on your credit report, this won’t be a deciding factor.

Get rid of late payments from your report with Lexinton Law.  They can show you how easy it is.



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