Will making a car loan payment four days late affect my credit?

"I had an unforeseen expense and as a result, I'm going to be four days late on my car loan.

Will this affect my credit score?"

Answer provided by
Eric Schad
Answered on May 21, 2021
“No, this won’t affect your credit score. Most lenders allow you a grace period, typically around five to 10 days, but you’ll have to check your contract to find out or call your lender.
If you don’t have a grace period, you might get hit with a late fee. So, again, contact your lender and find out the relevant information.
Because you’re only a few days late, you don’t need to worry about your credit.”

Did this answer help you?

Ask us a question by email and we will respond within a few days.

Have a different question?

You can meet us at our office and discuss the details of your question.

Easiest way to compare and buy car insurance

No long forms
No spam or unwanted phone calls
Quotes from top insurance companies