What does 30-60-90 mean on a credit report?

Okay, so you’re wondering about those 30-60-90 numbers on your credit report? Man, I remember the first time I saw those – I nearly had a heart attack! It’s basically a countdown of how late your payments are, a little like a credit report’s version of a ticking time bomb, honestly.

See, 30 means your payment’s between 30 and 59 days late. Not great, right? I mean, a whole month behind? That happened to me once with my student loan payments, crazy stressful time. Then 60 means you’re between 60 and 89 days behind… getting seriously overdue now. Picture this, two months of missed payments! My friend nearly lost her apartment because of something like this, and she was devastated. And 90? Whoa, that’s 90 to 119 days – practically three months! That’s a major red flag, seriously damaging to your credit score.

These late payment things? They really, really hurt your credit score. I’m telling you, it’s not something to mess around with. I learned that the hard way. Once my credit score tanked, I had to jump through hoops to get a decent interest rate on a new car loan. It was a nightmare! So yeah, pay your bills on time, folks. It’s worth it, trust me. It’s so much better than the awful feeling of facing those scary numbers.