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Today's video tutorial will guide you through the process of removing late payments from your credit report, with step-by-step instructions. The speaker, Nam, shares the exact method used with clients. This information is especially valuable for individuals with less than excellent credit, as each point on your credit score can greatly impact your ability to secure loans, credit cards, and lower interest rates. Maintaining a great credit score can save you significant amounts of money over time. Before diving into the steps, Nam explains what a late payment is and how it influences your credit score.