My credit repair has been doing well, but I made a late payment and my scores really fell, is there anything that I can do?
A late payment, as you have discovered, can really put a dent in your credit repair progress. The good news is that the FICO scoring model is especially forgiving of isolated derogatory events. Although your score has fallen you will see that it recovers fairly quickly over the next few months. Of course it is really important to your credit repair progress that you do not make any more late payments. If that were to happen, your score would not only fall again, it would fall father and recover more slowly.
Stay on Track
There are a few things you can do to insure that no more late payments occur and disrupt your credit repair. If your late payment occurred because your funds were tight, you have experienced a good reason to start a savings account. A savings account is an ideal credit repair companion. I understand that it can be difficult to set aside money, but it is worth making a real effort to find, or make, enough slack in your budget to save a little bit every month. Even a small monthly contribution will gradually result in enough of a buffer to insulate you from unexpected expenses and protect your credit repair progress.
Auto Payment Options
If your late payment was the result of a simple oversight on your part you might explore other options like automatic payments that will allow you to survive your moments of absent-mindedness. But, however you do it you must make an effort to avoid late payments. Your credit repair results will thank you!