Three Easy Methods to Get a Late Payment Removed From Your Credit Report

Removing a late payment entry from your credit report, especially if you do not have several late payment markings on the same credit account, is not so hard. You can always negotiate your way into the removal of the late payment record on your credit report. Here are three different methods which you can probably do to eliminate those late payment marks from your credit report:

1. Request a goodwill adjustment from the first creditor.

One of the simplest means to erase a late payment from your credit account is to request a goodwill adjustment from your original lender. Goodwill adjustment is a practice of altering your credit marking from "late" to "current." Asking for goodwill adjustments from the creditors is comparatively easier if your payment records before the late payment are all in all satisfactory.

2. Bargain a negative marking wipe off by rendering of the automatic payment service.

Another technique you can use to wipe off that late payment entry from that credit account is to register for automatic payments. Some creditors will help you erase the poor entries on your credit report only if you support their automatic payment service. The deal is advantageous to both: the creditor will obtain your credit payments on time and you will finish your fiscal obligations on schedule.

3. Pass a document declaring that the late payment record is imprecise.

Refuting the inaccuracy of the details of your credit record is another helpful way to erase the late payment entry on credit account record. Lenders, due mainly to the huge amount of credit reports they handle every day, have the tendency to have a difficult time confirming the entries on your credit account. If ever the creditors fail to verify the preciseness of the late payment record, then that poor marking in your credit report will be deleted.


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