Payment history is a major consideration when it comes to calculating your credit score, making up 35% of your total score. A ...

Sample letter of explanation. Date. Lender name. Lender ... a late payment letter of explanation is a letter that accounts ...

Different from a credit dispute, a goodwill letter explains why you had a late payment and asks the creditor to take it off your credit reports. Here's what you need to know to write one that works.

I recently had a late charge added to my water bill, which was one day late. When I called to ask about it, the very pleasant lady I spoke to said that she would remove this charge “this one ...

Sample Letter of Explanation. ... Payment history accounts for the largest share of your FICO credit score, and late payments can be highly detrimental to your credit rating.

Sample Letter of Explanation If your lender asks for a letter of explanation, you'll want to state what the issue is and, if needed, describe how it was resolved. You won’t need to write a long ...