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Posted in Auto Insurance
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Question By
qwerty0987

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Will late payments drop off when the account is paid off?
I have missed payments on my car loan but am about to pay the car off, once the account is paid will the late payments be removed?

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Top Contributor
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Most likely not. Some will suggest to try to arange a "Pay for Delete" but most lenders will not do this. This is part of your history and is the exact thing lenders look for when choosing who to lend money to and not.  But you are welcome to try, otherwise in 7 years after close of the account they will come off.

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