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1 missed payment

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mobilbevy1 Joined: 24 Jan 2010 Posts: 1 1.25 Dollars($)	Posted: Sun Jan 24, 2010 10:22 am    Post subject: 1 missed payment Like 0 Dislike 0 by missing one payment on your morage can they cannel me out
smithsussane Joined: 18 Sep 2008 Posts: 10045 Location: Alaska 921.83 Dollars($)	Posted: Sun Jan 24, 2010 11:48 pm    Post subject: Like 0 Dislike 0 Hi mobilbevy! Welcome to forums! There are chances the lender may report your late payments to the credit bureau. I would suggest you to speak to your lender immediately and check out what needs to be done in this regard. Sussane
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12371 Location: bloomfield, ct 57.76 Dollars($)	Posted: Mon Jan 25, 2010 11:58 am    Post subject: Like 0 Dislike 0 cancel you out? no...as noted, they'll report late payments to credit agencies, and that'll hamper your credit score, but no lender would take further action for one missed (late?) payment. _________________ George M. Akerley Mortgage Underwriter/Consultant Word of Excellence- Writing/Editing/Proofreading 860-221-5044

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