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Late payments remain on your credit reports for seven years from the original date of the delinquency. Even if you repay overdue bills, the late payment won't fall off your credit report until after seven years.

This usually happens once a month, or at least every 45 days. However, some lenders may update more frequently than this. So, say you paid down a credit card recently. You may not see your account balance updated on your credit report immediately.

How long it takes to raise your score EventAverage credit score recovery timeMissed/defaulted payment18 monthsLate mortgage payment (30 to 90 days)9 monthsClosing credit card account3 monthsMaxed credit card account3 months3 more rows ?

If you bring an account current after the creditor reports the late payment, the late payment will fall off your credit reports after seven years.

Dispute the error If you find an incorrect or old late-payment one of your credit reports, you can file a dispute with the credit bureau that issues the report. You can also dispute the mistake with the creditor that sent the information to the bureau, such as the lender, credit card issuer or collections agency.

Generally speaking, negative information such as late or missed payments, accounts that have been sent to collection agencies, accounts not being paid as agreed, or bankruptcies stays on credit reports for approximately seven years.

Late payments remain on a credit report for up to seven years from the original delinquency date -- the date of the missed payment. The late payment remains on your Equifax credit report even if you pay the past-due balance.