Creditors Don't Show Late Payments - Why Not?

jdlgu3 · ‎May 20, 2020

I have two open accounts on my credit report that I'm behind on paying, but they don't show any late payment history (using Turbo's credit score account view) and also list $0 for the amount past due.

Am I just lucky that these accounts aren't accurately reporting the account status to credit bureaus? Can accounts like these suddenly update and reflect the current historical state?

Opus 17 · ‎June 10, 2020

Yes and yes. The lender may be giving you a grace period, or they may just be slow to update the credit bureaus, and these late payments could show up at any time. (Don't forget you have 3 credit reports with the different bureaus and Turbo® only checks TransUnion.)

RNB18 · ‎June 11, 2020

Typically lenders will only report late payments if they are 30, 60, or 90 days past the due date.

Creditors Don't Show Late Payments - Why Not?

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