How do late payments & other negatives from 2 years ago affect my score?

    Published: 06-16-2009
    Views: 8,460
    Mortgage Consultant Markita Aldridge discusses how late payments and other negatives from 2 years ago affect your credit score.

    Host: How do late payments and other negatives from two-years-ago affect my score?

    Markita Aldridge-Woods: Well, once those accounts affected your score two-years-ago, they don t really have the same consequence they do as current account. So , any payments that you have in the last two years they re actually going to have a bigger scoring consequence than those accounts that are actually older than two years.