Posted on: 27th Feb, 2009 06:20 am
If we as taxpayers are supporting CitiBank with tax money, why should i have to keep paying them the mortgage payment?
you don't have to pay your mortgage payment, woods1c. simply stop making payments and let them foreclose.
Hi Woods1c,
If you do not pay your mortgage dues, the lender will simply foreclose the property. A foreclosure will badly affect your credit report and your credit score will go down by 250 points. In order to save your credit as well as your property, you need to pay the mortgage.
Thanks
If you do not pay your mortgage dues, the lender will simply foreclose the property. A foreclosure will badly affect your credit report and your credit score will go down by 250 points. In order to save your credit as well as your property, you need to pay the mortgage.
Thanks
