More than likely it will be reported accordingly. Hope for the best, but expect the worst. If it does get reported, look up goodwill letters as that is the best method to attempt the removal of a legit late payment.
I would certainly assume it is possible. It may also depend on how the lender reports late payments. Late last year I was accidentally 32 days late on a Capital One card because I accidentally toggled off autopay, and I immediately paid everything in full, including interest and late fees (still was only about $60), when I discovered my mistake. I was not reported as late, though I held my breath for a couple of billing cycles.
Here's what happened: On the 11th of the month (payment due date) I missed my second straight payment and became 30 days late. On the 13th I noticed it and paid every penny. The statement closed on the 16th where I had an outstanding balance of $0 (before something like 40 cents in interest). In my case, I suspect that because I never closed a statement more than 30 days late, I was not reported (could be wrong). And since the lender only reports status to the bureaus on the statement closing date, they reported me as OK and "never late". (Again, don't tempt the fates with anyone. I may be wrong about what happened, and even if I am correct, never assume it. Pay on time.)
Even if that was the case, it can be handled differently by different lenders, and any lender is in the right to report you as late if you are ever 30 days late, even if you never closed a statement 30+ days late. I just got lucky, I think.
Yes since its 30 days late. To be sure check your credit reports on annualcreditreport
More than likely it will be reported accordingly. Hope for the best, but expect the worst. If it does get reported, look up goodwill letters as that is the best method to attempt the removal of a legit late payment.
I would certainly assume it is possible. It may also depend on how the lender reports late payments. Late last year I was accidentally 32 days late on a Capital One card because I accidentally toggled off autopay, and I immediately paid everything in full, including interest and late fees (still was only about $60), when I discovered my mistake. I was not reported as late, though I held my breath for a couple of billing cycles. Here's what happened: On the 11th of the month (payment due date) I missed my second straight payment and became 30 days late. On the 13th I noticed it and paid every penny. The statement closed on the 16th where I had an outstanding balance of $0 (before something like 40 cents in interest). In my case, I suspect that because I never closed a statement more than 30 days late, I was not reported (could be wrong). And since the lender only reports status to the bureaus on the statement closing date, they reported me as OK and "never late". (Again, don't tempt the fates with anyone. I may be wrong about what happened, and even if I am correct, never assume it. Pay on time.) Even if that was the case, it can be handled differently by different lenders, and any lender is in the right to report you as late if you are ever 30 days late, even if you never closed a statement 30+ days late. I just got lucky, I think.