disabilities. 1  1: the condition of being disabled. 2  2: limitation in the ability to pursue an occupation because of physical or mental impairment. 3  3: a physical or mental illness, injury, or condition that incapacitates in any way; also : a program providing financial support to one affected by disability went on disability after the injury.
A late payment can stay on your credit report for up to seven years. This is the standard time limit for most items. Only a bankruptcy can stay longer -- up to 10 years in some cases. But for late payments, seven is the magic number. You can think of your credit reports as a record of your previous debt payments.
One late payment can stay on your credit report for a long time! It basically depends on what type of account you were late with, I think. I have found late payments from about 6 years ago on my own report and on my husband's as well. The biggest impact on your credit score seems to be how recent the late payment was, and on what type of account.