Paying on the 30th

[dpage]

Hello,

I was wondering if a mortgage is paid on the 30th day of the month will it get reported on my credit report? Or does it have to go past 30 days for it to get reported? How does that work? Any insight would be  much appreciated.

Thanks,

[IOBA]

Some lenders report you 30 days late when you have paid any time during the month, after the "grace period".

Some people have reported that they can pay anytime in the month it's due and not be reported 30 days late.

Who is your lender?

[dpage]

Wells Fargo. We had an emergency earlier this month that took a substantial amount of cash,I'm trying my best to pay it before the 30th but more than likely it won't be until then.

[Anonymous]

I would call them and ask. I know with my lender it has to be paid by the 30th or 31st or else I will be marked late.

[BGinVA]

This is what I have done before being uncertain myself.  Do not consider this advice, as its likely not good advice, but has worked for me, ymmv.  If I KNOW the money will be there on the 30th (say my direct deposit will hit at midnight for certain), I have overnighted a check on the 28th, it arrived on the 29th with a tracking confirmation to prove it, it was posted to my account on that day, but the check didn't clear my bank until the following day, the 30th, no late for me. 

[Booner72]

Hi and sorry for your stress.

Everything I have read, over and over, is that if you are going to be late or might be late, or before you get late, etc etc is to CALL THE LENDER so they can work w/ you and know what is going on.

If it was me, Id just call and be straight up w/ them about when the payment will be there.  Playing beat the bank is risky on many levels for such an important payment for your FICO and your relationship w/ your lender.