At 50, missing one payment dropped my credit score by over 100 points - how can I recover?
Briefly

A single late payment can cause a big drop to your credit score—over 100 points in some cases—especially if your score was already high before the incident.
Payment history is the most significant factor affecting credit scores, meaning even a first-time late payment could seriously undermine an otherwise great credit rating.
Read at 24/7 Wall St.
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