How To Deal With 30 Day Mortgage Late?
A few months ago, I missed paying one of the mortgages on a rental within the 30 day window. I have since paid the mortgage and brought the ccount current. However, I checked my credit today and it is still reporting as a negative item on my report. It is not slated to go back to positive status till 2014.
How is the best waqy to deal with this? I have contacted the mortgage company but of course you know they are no help. I am trying to get my scores up and this negative on my report is not helping.
Thanks in advance.
JS.
Its reporting 30 days late for the simple reason that you were 30 days late. The mortgage company has no reason to help you.
If you keep your payments current over time this one will count less and less. So it does not drop off untill 2014 but two years from now it will not count for a lot.
Thanks for the response.
Any other ideas, comments on how to deal with this situation?
JS.
Did you ask them if they would remove it? Probably too late to ask, but you could try.