Removing Credit Score Hindrances |

Nothing Brings Your Credit Down Faster than Missed Payments

Up until about 2004, no one thought that you could remove items from your credit history. But, about the time many were seeking debt solutions, there were equally just as many seeking a way to repair their earlier credit score drops. Overnight, companies offered both legitimate and scam debt solutions for credit repair. It was also a time for the revelation of certain tightly kept “secrets.” Perhaps it is that no one bothered to try to remove missed payments and other items from their credit history. Maybe no one paid enough attention to their credit reports, until identity theft started to rear its ugly head through numerous online scams. What matters to you – is that savvy people like Stephen Snyder started getting their credit reports sent to them and started reading the fine print.

In the fine print and through asking questions to the credit bureau representatives, many found that you could remove items from your credit report.

Credit score hindrances or credit score killers as coins them, are missed payments and late payments that have happened once or sporadically. For example, one young college student, newly graduated,moved twice after graduating. The only address for this person was her parents’ old home. Her parents didn’t live there anymore because they had moved away two years prior.

The student loan company was ready to take the student out of deferred status for being a full—time student. Her loan was coming due. By the time the company found her new address, she was late, and her credit report cited an inability to contact her. The student loan company, through a Federal program, reports every month if there is an on time payment, late payment, or missed payment. Pretty much as soon as the young woman started building credit, she had a missed payment.

Your missed or late payments can arise for any number of reasons. It is not how this student obtained the status of one month missed payment, but what she learned could be done about it. This knowledge came from various online sources, as well as Stephen Snyder as part of a bankruptcy credit repair concept. However, it works for anyone who has something they missed  list once.

Removing the Hindrance to a Higher Score

This strategy is all about timing. You cannot just remove a late or missed payment from your credit score because it reflects badly on your score. It is a part of your history and it matters when calculating your score.

However, there is a general rule that all credit reporting bureaus follow and it is this “secret” that was revealed during the last decade.

Any late or missed payment can be removed if it is older than seven years.

If the year is 2017, then anything prior to 2010 can be removed from your credit report. It does not matter what type of account it was or the reason behind the late or missed payment. As long as you have not gone through a bankruptcy with that credit account, it can be removed after it is seven years old.

Most credit reporting agencies should automatically remove the credit accounts from seven years ago; especially, if they are closed. However, it does not mean they will. To assume something will “automatically” fall off after seven years is a mistake, because it may not happen You have three ways to utilize this strategy of and it can continue to hurt your credit score, removing hindrances to a higher score:

  1. Contact the creditor. Speak directly to the creditor or send a “goodwill” letter asking for an adjustment of your credit report. The creditor ma not be willing to send an amended report to the credit bureaus.
  2. Contact each credit bureau and ask for the removal of the older information. However, be aware if it is only one month and you have had the account for 20 years, the length of time you have had the account matters to the overall calculation. One month with a missed or late payment will not reflect as badly as if you have entire history with that credit account of making late payments. Your credit report will reflect when you opened the account, so you certainly don’t need a running history in arrears if it is old enough to be removed.
  3. Try negotiating with the creditor if they are not willing to have the information removed, or if the credit bureaus ai’e not working fast enough. By negotiating for automatic payments, you may be able to get the 8th year and older reporting information removed. Not all companies will work this way.

It takes time for items to fall off. You cannot expect to pull up a report in a month and have the item removed. Sometimes creditors only report every three months, thus if you have just hit the reporting time, you have to wait for the next cycle to occur for new information to appear.

You can always dispute a claim on your credit report by contacting the bureaus; however, if you dispute too many late or missed payments when your history is full of them – you won’t see results.

This strategy of removing hindrances to increase your credit score is about taking the odd man out of the equation. It works only for items that are 7 years old.

Also understand that not all credit bureaus move as quickly as others. Transunion has been known to be extremely slow in removing old debts or debts not associated with you. It is often about what is actually affecting your report versus what you feel should or should not be on there. If the record is not harming your report enough, the company may be unwilling to act quickly. It can take several letters before you see a change.


  • This works for a once or twice late or missed payment issue.
  • It is for debts that are seven years or older.
  • Contact the creditor first.
  • Try the credit bureau if the creditor will not help.
  • Make a deal to set up automatic payments if the first two options don’t work.
  • Give it at least four months before you look at your credit report again.
Steven Millstein

Steven Millstein

Steven is a Certified Financial Planner (CFP) and Certified Credit Counselor (CCC) and joined CreditRepairExpert in June 2016 as a Credit Repair Adviser to continue his mission of making a difference in the world. Everyday, Steven speaks with individuals and families in the online credit repair community to answers questions and offer help people on their journey to repair their credit rating. If you have a story idea for Steven or you would like help with credit repair, please email him at
Steven Millstein