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modification

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joyfaithmitchell Joined: 02 Nov 2009 Posts: 1 1.24 Dollars($)	Posted: Mon Nov 02, 2009 3:23 pm    Post subject: modification Like 0 Dislike 0 will a loan modification hurt my credit and chances of getting a new mortgage I have 700 credit now
Niicss Joined: 03 Oct 2005 Posts: 4770 Location: New Jersey 499.28 Dollars($)	Posted: Tue Nov 03, 2009 1:58 am    Post subject: Like 0 Dislike 0 A loan modification does not hurt your credit. However, if you have defaulted the loan for around 3 months and have then applied for a loan modification, then it would definitely hurt your credit. This is because the lender would inform the credit bureaus about your late payments. _________________ Good is the Enemy of Great.

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