Questions & Answers

Questions & AnswersCategory: QuestionsI have a decent credit score (697) but am having trouble getting a car loan due to several late car payments. How long do I need to make on time payments too balance that out? Or could I get the late payments taken off by the bank since the account is up to date now?
Olivia Moczulski asked 3 months ago

I have a decent credit score (697) but am having trouble getting a car loan due to several late car payments. How long do I need to make on time payments too balance that out? Or could I get the late payments taken off by the bank since the account is up to date now?

asked May 31, 2019 by Anonymous

I have a decent credit score but was turned down for an auto loan because of several late payments on my current car. What can I do to remedy this? Is there an amount of time of making on time payments that will help? Can I ask that they be removed since the account has been up to date for almost 6 months?

1 Answers
Debt.ca Staff Staff answered 1 month ago

The best advice is to start making payments on time and in full on all your debts ASAP. This will immediately start to improve your credit score. The details of your late payments stay on your credit report for seven years, but if it shows that you have made an effort to pay your debt on time, creditors will be much more understanding. Minimizing your liabilities will also help. If you have a credit card you’re not using call and have it cancelled. This will show creditors that you don’t have unnecessary access to debt.

answered 1 month ago by Debt.ca Staff

Live Chat
Welcome to our Live Chat
Agents are not available at this time. Please leave a message. Thank you.
First Name
Last Name
Phone
Email
Postal Code
Debt Amount
 
PHP Live! powered