Once a late or missed payment has been paid on your secured card, we will report to the credit bureaus that you've now made up your late payment. Your credit report will update to show that your secured card is back in good standing.
Please note the credit score impacts of a late payment can't be reversed. The credit bureau tracks your payment history and because you were in fact late in making your original payment, your credit score will be impacted even once you've made up a payment. However, by making up a missed payment, you will stop your credit score from further decreasing as a result of the late or missed payment.
A payment is considered late or missed if it isn’t received and processed by the statement due date. When making your payment, please be sure to factor in the standard payment processing times mentioned here to ensure the payment is on file in time.
