Payment history
Credit scores & reportsA record of whether you have paid your credit accounts on time.
Overview
Payment history is one of the most important factors in credit scoring. On-time payments help build trust with lenders.
Late or missed payments can reduce your score, especially if they happen recently.
Why it matters
- It is a key signal of reliability to lenders.
- Consistent on-time payments can improve your score.
- Negative entries can take time to recover from.
Quick tips
- Set up direct debits to avoid missing payments.
- Keep a buffer in your account before due dates.
- If you miss a payment, get back on track quickly.
FAQs
How long does payment history stay on my report?
Payment history can remain visible for a period of time, depending on the type of entry and the agency.
Does paying early help my score?
Paying on time is what matters most. Early payments can help you avoid missed or late marks.
Related terms
Take control of your credit health
Get the complete credit toolkit — all features included.
Start building creditInstant setup. No credit check. Cancel anytime.