How Much Will One Late Payment Hurt Your Credit Score
                     How Much Will One Late 
Payment Hurt Your Credit Score?
How to maintain a good 
credit score? 
 Did you just miss a 
payment? Taking bill 
payments for casual can 
be quite alarming. It is not 
an option but a necessity 
to pay off your bills on 
time. If you pay back your 
debt on time, it becomes 
easy for you to borrow the 
next time with room for 
negotiation. If you are 
feeling that missing one 
payment will not cause 
you much harm, it is 
wrong. If you have missed 
one payment, there will be 
a drop of 180 points and 
the credit scores get 
affected to -1.30%. 
Getting back this score will 
not be easy, so work on it 
and ensure that you are 
paying off your bills on 
time.
Pay bills on time
 If you want an impressive credit report you 
must be punctual with your bill payments. 
Whatever you do, you can’t miss these fixed 
obligations as a part of your income. 
 As the month starts or during the date of your 
EMI, you must keep your account funded to 
avoid any delay or insufficient fund issues. 
Missing out on one bill payment can cause you 
serious issues and it will take time to make 
things back to the track. 
Don’t keep outstanding
 Bills always come in full amount and minimum amount. If 
you are paying the minimum amount, there will be an 
outstanding amount left to be paid. 
 You need to pay the entire bill amount or else your score will 
be affected. Be regular with your fixed obligations and create 
a budget to maintain your due date payment. 
What are the outcomes of 
the affected credit score?
 If you have not taken your bill payments seriously and 
have missed one, you will suffer the moment you decide 
to take debt. Your credit score will be hurt and you will 
not go through an easy process of loan approval. Your 
loan will not be easily approved as you will have a bad 
credit score. 
 Along with that even if you manage to get a loan, you 
will be charged a high rate of interest. The financial 
journey will not be easy and smooth. You will have to 
look around for a loan provider that offers you a loan 
and work on your credit score. One failure or delay can 
make you suffer endlessly. 
Wrapping up
Do not miss any payment, as one single 
delay can disrupt your financial 
health. Check credit score and stay 
updated. Keep up bill payments on time 
and make sure you maintain an 
impressive credit record. 
Address: 4th Floor, Kailash Building, Kasturba 
Gandhi Marg, Connaught Place, New Delhi-
110001
Phone: 1800 200 9898
Email us: [email protected]
Website: https://
www.clix.capital/check-credit-score 
Clix Capital Services Private 
Limited