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?"

“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.”
Eric Schad
Answered on May 21, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.

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