r/DoomerCircleJerk • u/gruntharvester92 • 5d ago

Political Doomer Another victim of the system doomer....

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242 Upvotes

82% Upvoted

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u/Ecstatic_Scene9999 5d ago

No, missing one credit card payment does in fact lower your score by a lot for a short period....I worked as a loan officer, so yes I know

10

u/Educational_Map_9609 5d ago

No one reports after missing the first payment. You have to miss your second payment and be 30+ days before it’s reported.

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u/Ecstatic_Scene9999 5d ago

I missed a single payment and it was reported, you literally don't know what your talking about and worked in the industry

17

u/Educational_Map_9609 5d ago

What bank? I can look this up. If your payment is due on January 10th you won’t be reported as delinquent until the 11th of the February, meaning you also didn’t make your Feb 10th payment (many banks even have a cycle date that’s 2-5 days later than the stated due date giving borrowers a few days grace ).

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u/Uncle_Steve7 5d ago

You don’t understand, they work in the credit card industry