WFDS lates removal

QuestionsWFDS lates removal
asked 3 years ago

My car loan has a 30, 60, and 90 day late from feb-may of 2013. I make my last payment next month so my question is how the reporting will work once it’s paid off. The lates will fall off at 7 years from the date they went delinquent correct? And not when the loan will be marked as paid? And then the trade line will stay on my reports ten years from the date it’s closed (next month correct?)
How bad of a score drop should I expect when this bad boy is paid off? Hoping nothing drastic but this is my only installment loan currently

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