A Reddit user with a previously strong credit score of 775 faced significant repercussions after missing a credit card payment. This oversight led to a drop below 650, highlighting how a single error can drastically affect someone with good credit. Unlike individuals with lower scores, whose missed payments might not cause as severe of a decline, this user’s predicament illustrates the sensitivity of credit scores for those who have established a solid credit history. Options like contacting the card company for a goodwill adjustment are important steps in recovery.
The Reddit user should ask the card company to remove the late payment as a gesture of good will.
When you have great credit, a single mistake like this can be a major red flag that things are starting to go wrong in your finances.
The good news is, he does have some options available to him.
If he already had a 600 score, it might have only dropped a little because he was late, since creditors were already uncertain about him.
Collection
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