Posted on: 16th Aug, 2010 02:19 pm
If I make a partial payment on my mortgage (cannot swing the full payment this month), will the mortgage company still report me to the credit bureau if I make this partial payment but over 30 days late?
Debi, you will find out that they won't accept any partial payment at all. You may as well wait the 30 days and pay the payment when you have the full amount. I know this will ding your credit report, but there are worse things in life than that. Unless your lender is one in a quadrillion, you won't find any comfort in asking them about partial payments.
I feel your pain, but there's not a lender in this country that any of us are aware of that will accommodate you.
I feel your pain, but there's not a lender in this country that any of us are aware of that will accommodate you.