How long before late payments have no impact?

andyuk01

I appreciate that there probably isn't an exact answer to this question but

I have 2 late payments on a bank account from Oct and Dec 2011 (showing 101) from a bounced DD

I am not arguing these aren't valid, although HSBC seem to be the only ones to report bounced DD as late payments

I don't use the account anymore and have only really kept it open to put more green 0s in front of the 1's and i was curious as to when these will have zero impact, the full 6 years they'll be on my file or less?

They don't seem to be having a major impact now with my last 2 cards having a £5kish opening limits and a ftb mortgage last year

Thanks

JuicyJesus

They fall off the credit file after six years.

Different lenders have different criteria, so it's hard to say what (if any) impact there'd be from the missed payment markers. Some may only care about very recent ones within the past year, others might want to see a spotless credit history from all the data that's available. Speaking generally, one or two missed payments out of an entire six year payment history isn't particularly good but it isn't especially terrible either.

If they don't seem to be having a major impact on you then I wouldn't worry too much.