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Question By
dwcasey

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0 People Helped
my credit score went from 685 to 541 and i have only made 1 late payment. Wow. Why?
please help

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Top Contributor
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You are dealing with a non-fico scoring system here, but even so, your FICO scores have probably taken a big hit as well. One late payment is one too many and is very damaging. Make sure that you never miss or be late with another one.

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Reply by
ladald

426 Contributions
133 People Helped

to follow up CK penalizes waaay too much on a late payment. But anyways yuor real score dropped too. On eimprotant thing to remeber is tht th higher your score is the larger the fallwould be... 

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