How bad can the late mortgage payments hurt my credit score?
Sep 25, 2008 by ssxingcn | Posted in Personal Finance
I'm one month behind of my two mortgage payments (one for my own house, and the other one for the investment property). I am planning to catch up all the late payments in the end of next month since I need the money for some important thing right now.
Try to borrow from a relative for the 2 mortgages. When it goes over 30 days, it goes to the credit bureaus. Plus you are charged add'l interest everyday past your due date. It's called per-diem. If you owe 2 and sent in only one, they will probably send
stan c | Sep 25, 2008
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