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So my mortgage company reported me for a late payment and my credit score dropped 114 points

Discussion in 'BBS Hangout' started by RKREBORN, Jan 27, 2019.

  1. RKREBORN

    RKREBORN Member

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    I haven't missed one payment! I don't know why they are reporting this! How can they do this? My near perfect score dropped 114 points. I am freaking out and so worried, any advice? Has thus happened to anyone?
     
    #1 RKREBORN, Jan 27, 2019
  2. moestavern19

    moestavern19 Member

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    Go on CreditKarma and file a dispute. You should be able to do it for free.

    As long as it was paid on time, they will have to fix it.
     
    #2 moestavern19, Jan 27, 2019
    DreamShook, Rocket River, Jayzers_100 and 1 other person like this.
  3. Jontro

    Jontro Member

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    lawyer up. time to bankrupt your mortgage company.

    good luck breh!
     
    #3 Jontro, Jan 27, 2019
    ryano2009, Invisible Fan and R0ckets03 like this.
  4. Mr. Brightside

    Mr. Brightside Contributing Member

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    If you aren't applying for credit anytime soon it shouldn't matter as much. It will eventually be fixed after sorting out reason for error.
     
    #4 Mr. Brightside, Jan 28, 2019
    R0ckets03 likes this.
  5. DreamShook

    DreamShook Member

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    Before you file a dispute, you should call your mortgage company. This stuff is easily rectified with a call and proof you made the payment on time.
     
    #5 DreamShook, Jan 28, 2019
    AXG, Invisible Fan, Kruze10 and 2 others like this.
  6. cheke64

    cheke64 Member

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    time to play Taken and kill some people.
     
    #6 cheke64, Jan 28, 2019
    jsingles likes this.
  7. Rocket River

    Rocket River Member

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    Credit Reports and Reporting Agencies are a scam . . . . ..

    Rocket River
     
    #7 Rocket River, Jan 28, 2019
    Richie_Rich, CometsWin, DreamShook and 1 other person like this.
  8. DreamShook

    DreamShook Member

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    LOL, I agree, but you have to play the game.
     
    #8 DreamShook, Jan 28, 2019
    dmoneybangbang likes this.
  9. B-Bob

    B-Bob "94-year-old self-described dreamer"

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    [​IMG]
     
    #9 B-Bob, Jan 28, 2019
    Richie_Rich, Os Trigonum, ryano2009 and 5 others like this.
  10. CCity Zero

    CCity Zero Member

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    Yes !!! Perfect hahah
     
    #10 CCity Zero, Jan 28, 2019
    B-Bob likes this.
  11. RKREBORN

    RKREBORN Member

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    I called them. They said they wouldn't do it, and said I'm on the hook for it. So when the hurricane happened, they put most of Ft. Bend County on forbearance due to hurricane impacted area. I was trying to get off forbearance, so they told me to make restart payments and everything would be handy dandy. Now they are saying since my account was "delinquent" that it reported on my credit score. WTF!! How do I make this right? They weren't even willing to listen or care. I have followed their instructions to the tee, and they still screwed me. My score went from 808 to 699. This is stressing me out, I haven't done anything wrong.
     
    #11 RKREBORN, Jan 28, 2019
  12. DreamShook

    DreamShook Member

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    Was it forbearance or deferment? From what I understand (not an expert) Forbearance is temporary relief that you still have to pay. Is it possible you restarted payments but forgot to pay for the time you were in Forbearance? You need to see what the terms of the forbearance were to make sure (time, repayment).

    It sounds like they suspended your payments and you forgot to pay it thinking it would be added on somewhere or you were confused on how to pay during forbearance. These guys are sneaky.

    Don't worry about your credit score, If you aren't opening up new credit, It wont affect your life that much.
     
    #12 DreamShook, Jan 28, 2019
  13. PhiSlammaJamma

    PhiSlammaJamma Member

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    Harden dropped that many points too, but it took him two games to do it. You are a machine.
     
    #13 PhiSlammaJamma, Jan 28, 2019
  14. RKREBORN

    RKREBORN Member

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    I'm about to open a small business, but can't get the loan anymore
     
    #14 RKREBORN, Jan 28, 2019
  15. leroy

    leroy Contributing Member

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    Well that's something you should've said in the op. Do exactly what @moestavern19 said and file a dispute immediately. I would do it now. If you find that it was your screw up, you can always drop the dispute.
     
    #15 leroy, Jan 28, 2019
    RKREBORN likes this.
  16. twhy77

    twhy77 Contributing Member

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    Call them first and let them know of the error. If not fixed within 50 days file a complaint with the CFPB. They will jump into action to fix once the CFPB is contacted if they are clearly in the wrong.
     
    #16 twhy77, Jan 28, 2019
    B-Bob and RKREBORN like this.
  17. twhy77

    twhy77 Contributing Member

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    #17 twhy77, Jan 28, 2019
    Richie_Rich, B-Bob and RKREBORN like this.
  18. twhy77

    twhy77 Contributing Member

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    I have had to do this with clients before and it works.
     
    #18 twhy77, Jan 28, 2019
    RKREBORN likes this.
  19. RKREBORN

    RKREBORN Member

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    Do you do this for a living? Maybe I can be your client? Thanks for the info
     
    #19 RKREBORN, Jan 28, 2019
  20. twhy77

    twhy77 Contributing Member

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    I used to do it for Navy sailors. Not allowed to represent you, but you should be good as long as you can document everything.
     
    #20 twhy77, Jan 29, 2019
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