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Late payment correction

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fisicallyfit
New Member

Late payment correction

I had a short sale which closed at the end of August. I did not make my last mortgage payment because it would have delayed the

short sale. When I pull my credit it shows this payment as 120 days late. When I look at the detail it shows 30 days late.

How can I correct this to where it shows 30 days late.

Message 1 of 3
2 REPLIES 2
LIGHTNIN
Moderator Emerita

Re: Late payment correction

Welcome to the forums,

 Would need more info. What was the last month that the mortgage was paid?

Have you talked with the mortgage company? 

Are all your CR's showing this error?

FICO Sept 2025 EQ759 ~~Live below your means and always keep an emergency fund -Love Everybody ~ Big Kenny ~ Big and Rich ~~~~~Credit Scoring 101 - Common Abbreviations - Freq Req Threads - Free Credit Reports - What Steps Do I Take?DV? PFD?
Message 2 of 3
RobertEG
Legendary Contributor

Re: Late payment correction

I am kinda confused. 

Until the short sale was completed, you still had obligations under the existing mortgage with the lendor.

I dont understand how the later arrangement that you closed with the lendor to have them buy the property, and close that mortgage, for less than the full amount owed on the original mortgage "short sale", would have any affect on the prior reporting of delinquencies on the original mortgage.

What is the rationale for arguing that any prior delinquencies should be removed?  Yeah, it may have been kinda cheap for them to have done this, but I dont see any violation of accurate credit reporting on the mortgage loan.

I would talk to the mortgage lendor. 

 

Message 3 of 3
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