If I'm consistently 10 days late on my new car loan payments, will it affect my credit score?

I got behind on my car payments a few months ago. Now, I'm always about 10 days late with my payments. How will this affect my credit score?

Answer provided by
Eric Schad
Answered on May 05, 2021
“In general, you have to be 30 or more days late for a lender to report you to the credit bureau.
Your true problem is whether you’re incurring a late fee each month. If you are, you might want to try to pay a day or two earlier to avoid the penalty.
But being this late consistently probably won’t hurt your credit score unless you stop paying altogether.”

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