How many points does your credit score drop if you late on car payment?

Does being late on car payment versus credit card, bills, etc value the same score on credit report?

How many points does your credit score drop if you late on car payment?

800.

I pay early every month, so I%26#039;m in the top ten. Equifax said I won a free game and get to put my initials on the high score.

Okay, sorry. Truth is, no one really knows.

How many points does your credit score drop if you late on car payment?

I%26#039;m thinking each occurrence gets you 3-20 points depending on frequency and bureau. Being late once isn%26#039;t as bad as being late 2-3 times in a row.

How many points does your credit score drop if you late on car payment?

It depends on how late you are. Every bank allows a 10-day grace period before it is considered an internal late payment. But, they can only report your payment as late to the credit bureaus if it is 30-days or more late.

If you are only reported late once and it%26#039;s only a 30-day late, your score will not suffer that much only about 10-points. But, if you are late several times in a row or are God forbid 60 or 90 days late then your score can drop as much as 50-points

How many points does your credit score drop if you late on car payment?

ANY missed payment of 30 days or more results in a drop of between 80-100 points! Don%26#039;t believe anyone who says 20 points...it%26#039;s a lot more than that. Read the link at myFico.com about %26quot;your credit scores%26quot; below.

How many points does your credit score drop if you late on car payment?

Any answer depends on EVERY other factor effecting your score. I can say 0-500 points only because that covers the entire 350-850 range of FICO scores.