Posted on: 28th Oct, 2009 06:51 am
I'm currently in the process for a loan mod and have missed this months payment. how lond would it take for this missed payment to appear on my credit. Also, would a loan mod appeared on the credit right away? Please help
Thanks
No, loan modification will not appered on your credit report but Late payment of this month will appear on your credit report in next credit report updates.
Thanks.
gunz.ijjistaff
No, loan modification will not appered on your credit report but Late payment of this month will appear on your credit report in next credit report updates.
Thanks.
gunz.ijjistaff
how often do they do credit report updates? thanks
creditors will typically report all accounts on a monthly basis.