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It must provide you with written proof that you owe the debt. Read Also: Does Having More Credit Cards Help Your Credit Score. If thats true, its deletion may not achieve the immediate results youre looking for. You can remove serious delinquencies on your own, but it's not always easy, and it takes time and effort to work through the process to make sure your results are as successful as possible. Once you become current on your credit card bill, you should start counting the months. The final consequence (after six months) is that your account will be charged off. Card issuers may waive this fee if you call and ask nicely, explaining that the late payment was a fluke . Your account may also becharged off, which would appear as a derogatory mark on your credit report that severely damages your credit score. Credit Card Delinquency Guide: How It Works & More Recommended Reading: What Does Filing For Bankruptcy Do To Your Credit Score. Step 3: Use Alternative Data to Recover Serious Delinquencies. Our editors and reporters thoroughly fact-check editorial content to ensure the information youre reading is accurate. If you make your credit card payment while your account is less than 30 days delinquent, it is unlikely that your credit score will be affected. Call the toll-free number at the top right corner of your notice to request penalty relief for reasonable cause and have supporting documentation. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. While we adhere to strict You can try to reverse the suspension by paying the total minimum amount you owe as well as any additional late fees. If your account remains delinquent for 90 days or more, your lender may decide to close your credit card account and send your debt to collections. Inaccurate information may not be your credit scores only problem. During each stage of delinquency, lenders often respond differently and with different repercussions, in terms of what they charge in late fees and when they might report your account to a major credit bureau, among other factors. If you are trying to raise your credit score, you know that you need to repair your credit report. Make sure to craft a case so strong that the creditor will have to acknowledge that its correct or present tangible evidence to the contrary. Arrange for an automatic transfer of the minimum payment from your bank account to your credit card company or loan holder every month to avoid these penalties. Federal law gives you the right to one free credit report from each credit bureau each year. 8+ Tips How To Remove Serious Delinquency On Credit You could be offered a chance to temporarily stop or defer payments, make partial payments or modify a loan agreement. This is a key time to try to resolve your late status, as a creditor may be more willing to work with you now to make sure they get paid. Keep in mind that if your delinquency extends past 60 days and your credit issuer applies a penalty APR, youll be stuck paying higher interest rates on both your outstanding balance and any new purchases you charge to your card.