I repaid a loan late, always was in contact of the lender and he is very happy that I have repaid and does not need any additional interest. So now do I deserve red trust ?
Good day!
Business-wise, I think you still deserve a red trust rating because you have not make good your payment at the time it is due and demandable. Although even the law can lean towards borrowers who make good their obligations within a specified amount of time as grace period, I think it is more important to honor commitments as originally agreed upon than the application of other remedies should you fail at making good your original obligations. My point is, you may have cleared your obligations at a later time but that does not change the fact that you failed to meet what is expected of you at a time certain.