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 that difficult. You can always talk your way into the removal of the late payment record on your credit report. Here are three different ways that you can actually try to erase late payment marks from your credit report:

1. Ask a goodwill adjustment from the original loaner.

One of the simplest methods to erase a late payment from your credit account is to ask your original creditor for a goodwill adjustment. Goodwill adjustment is a process of fixing your credit record from "late" to "current." Asking for a goodwill adjustment from the loaners is much easier if your payment records prior to the late payment are considerably acceptable.

2. Arrange a negative marking wipe off by rendering of the automatic payment services.

Another way you can use to delete that late payment entry from your credit account is to sign-up for automatic payments. Many loaners will help you eliminate all the bad markings on your credit account only if you employ their automatic payment service. The setup is advantageous to both: the loaner will obtain your payments on time and you will finish your financial obligations on schedule.

3. Forward a lien imposing that the late payment marking is really inaccurate.

Refuting the inexactness of the details of your credit history is another great means to erase the late payment entry on your credit report. Lenders, thanks to the large number of accounts they deal with every day, have the tendency to experience a difficult time proving the details on your credit report. In the event that the loaners fail to prove the definitude of the late payment record, then that bad entry in your credit record will be deleted.



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