Originally Posted by HatAndJacket

bad... a late payment is a late payment...

Originally Posted by StartinSanDiego

I think I'd be on the phone to Capitol One in a New York minute to argue my case.

Firstly, is it now paid? I would call and explain what a great customer you've been, how your credit is unmarred except for this boo boo, and what could they please please please do to help you rectify this.

Then head over to MyFico.com and see what they suggest over there for a situation like this.

What a bummer... I worry about making just such a mistake, too.

Originally Posted by skibum7732

I'd try to call Cap One and get it removed if at all possible, as it will have a very negative and large impact on your credit score...it will also look very bad when you apply for new cards

Originally Posted by whynotgo

First, confirm Capital One reported the late payment. In my experience, just because I was late making payments, did not result in the creditors reporting to the credit reporting agencies that I made a late payment. My credit scores are very high. Granted this is not a scientific study, but I have multiple instances of this occurring.

Second, I suggest you wait a month and pull your credit reports. If there is no reported lated payment, you have a non issue. If there is a report, then you might follow some of the advice herein.

Ultimately, you should be concerned about your credit score. If you have a good credit score with no late payments, this instance probably is not significant. If you have a lousy credit score, this is one more example of your lack of creditworthiness. I suspect that you are creditworthy and this was a "one off" event.

My two cents.

Originally Posted by Beckles

Just being late does not get you a derogatory mark, you need to be 30 days late, which it sounds like the OP was.