Many people that are trying to improve their credit rating often get stuck when it comes to getting late payments removed from their credit report. A late payment is any payment made after the due date and that was reported to one of the 3 credit bureaus. Although it can be frustrating at first trying to get these overdue payments deleted, it is still possible with a little effort and perseverance.
In order to get overdue payments deleted from your credit reports, you first need to obtain copies of your reports from the credit bureaus. You can contact each of the 3 credit bureaus, Experian, Equifax, and Transunion, or you can just head over to annualcreditreport.com to get your free copies. You are allowed to order one free copy of your credit reports every 12 months.
After you receive you reports, you should be able to quickly go through them and mark any payments that are showing as late. Now that you know which creditors have reported overdue payments, the first step is to contact them directly and politely ask if they will remove the overdue payments from your report. This strategy is successful more often than you might think, although it does not always work if you have made a lot of late payments.
If you do not have any luck negotiating directly with your creditors, then the next step is to write the credit reporting agencies to request that they remove your late payments from your credit files. Be sure to include any documentation that will support your claim and make sure you track the date you sent your letter to the agency. If the credit reporting agencies can not verify within 30 days that your payment was actually late, then they have no choice but to remove it from your credit report.
Do not be afraid to take action when it comes to getting your late payments deleted. If you are consistent and persistent in following these steps, your credit report will be free of late payments before you know it.