Posted on: 06th May, 2009 10:07 am
My repayment plan was for one year called for 300 extra a month in lieu of my original mortgage payment, 954. At the end of 12 months when I checked my credit report it ranged from 30 - 150+ days late. What happened here? I was only 2 months late(Nov - Dec) In Jan I started the repayment.
If you see it is showing it in the range 30 - 150+.
All it means is you were late in your paymnet by more than 30 days. In your case you were late by 60 days or so.
The penalties are probably differnt for differnt ranges and you fall in to this range as of now.
All it means is you were late in your paymnet by more than 30 days. In your case you were late by 60 days or so.
The penalties are probably differnt for differnt ranges and you fall in to this range as of now.
Hi lashaun_foster,
You need to clarify this issue with your lender. As you were 2 months late, your credit report should have mentioned it as 60 days late. You can even contact the credit bureaus and dispute the issue with them if you feel it has been wrongly reported in your credit report.
Thanks
You need to clarify this issue with your lender. As you were 2 months late, your credit report should have mentioned it as 60 days late. You can even contact the credit bureaus and dispute the issue with them if you feel it has been wrongly reported in your credit report.
Thanks
But looks like it correctly reported. Only thing missing is the rage for 30-60.
I think most of the reports have 0-30 and then 30 -150+
30 -60 does nto look like an option.
I think most of the reports have 0-30 and then 30 -150+
30 -60 does nto look like an option.