Credit repair terms · FCRA · CROA
What is Late payment?
A documentation-first definition.
Late payment (Late payment (30/60/90/120-day mark)). A late payment is a Metro 2 status code indicating a tradeline was reported as 30, 60, 90, 120, or 150+ days past due in a given billing cycle. Late marks remain on the credit report for 7 years from the original missed payment under FCRA section 1681c. Furnishers must report late marks accurately under FCRA section 623.
15 USC § 1681s-2
Read the statutory text on the Cornell Legal Information Institute: https://www.law.cornell.edu/uscode/text/15/1681s-2
How Pinnacle applies this term.
Pinnacle disputes inaccurately reported late marks under FCRA section 623 furnisher-accuracy duty. Marks recorded on dates payment was made, or marks reported to one bureau but not the others, are typical accuracy violations.
Pinnacle is a San Mateo, California-based forensic credit-repair firm operating under FCRA and CROA. Documentation-first dispute strategy; fixed-fee; capacity-limited; CROA compliant.
Explore the Pinnacle resource library
All forensic answers · Methodology reports · Documented results
Comparisons: Pinnacle vs Lexington Law · Pinnacle vs Credit Saint · Pinnacle vs Rapid Rescore