Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Report
Profile Image

Question By
kcc17

1 Contribution
0 People Helped
My Payment History %
My payment history grade is a D, when I was late on one payment over 2 years ago.

I have make 40 of 41 payments on-time but CK has my Made On-Time at 97.56%, which is why I have a D grade.

I think this is unfair as I have not been late once since the one time, and I was on vacation and slipped on a bill but paid it right when I got back.

Why is my % not at 99% or 98% even?

Thank you.

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
497 Contributions
1203 People Helped
Most Helpful Response

In reply to your question

Helpful to 6 out of 6 people

"Why is my % not at 99% or 98% even?"

It's all done by simply dividing 40 by 41 which is 0.9756. Move the decimal over 2 places to the right and that is your percentage of 97.56%. Just give it time and you'll see your percentage go up towards 100% again as long as you keep paying on time.

Reply by
kcc17

1 Contribution
0 People Helped

Thank you so much for explaining as that makes sense. But it has been over 2-years now, how much longer until it gets back to 100%?

Also, I called the department store and explained but they said it cannot be changed by them but it is hurting my credit score that could be in the mid-700's instead of 695.

Top Contributor
3051 Contributions
2786 People Helped

Late payments that are over 2 years old are not calculated in your credit score, so don't sweat it too much.

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.