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1 missed payment

Posted on: 24th Jan, 2010 09:22 am
by missing one payment on your morage can they cannel me out
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
Posted on: 24th Jan, 2010 10:48 pm
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.
Posted on: 25th Jan, 2010 10:58 am
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