Late payments affect credit

[Clembert]

What is the name of your state? Nebraska

I have co-signed a loan for my son to purchase a car. He has had the car for 8 months and he has had 2 "reminder notices" that he has missed a payment (but he paid it before the grace period due date and was not charged the late fee). He just recieved his first late fee notice-missing the grace period due date-three payments in all have been late.

When does late payments begin to affect MY credit-as the co-signer? Will the first two "reminder letters" show up on his credit?

 

[enjay]

If he wasn't over 30 days late, the late payments won't show up. Anything late enough to show up on his credit report will also show up on yours.