Quote:
Originally Posted by HopingtoFind  I am still not seeing how it is better to just miss payments then to go into forbearance. If you miss payments you will still be responsible for them plus any late fees and anything else associated with going into default.
With forbearance, they should be able to freeze your credit and should not charge you any late fees or any other fees, that is the point of it... of course you should confirm this information with you analyst and possibly get it in writing. |
I didn't get it in writing but I was having the same fear and I called and asked speciffically if this would effect my credit report. ( asked for the 100th time) she called me back and left me a message on my voice mail WHICH I SAVED which says that it WILL NOT effect NOR go on my credit report or scores.