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Late payments affect credit

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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?


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.

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