Loans, Debt & Credit - View Single Post - Is it better to miss fewer payments? (credit score)

puffer · 02-26-2009, 04:50 PM

For what its worth,i just lost a second home and the bank reported 30 days late 60 days late then reported a repossesion/foreclosure. It took me for about 70 points total. As soon as they reported the foreclosure ,my score actually went back up 10 points.

02-26-2009, 04:50 PM	#4 (permalink)
puffer Member Join Date: Sep 2008 Posts: 18 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Is it better to miss fewer payments? (credit score) For what its worth,i just lost a second home and the bank reported 30 days late 60 days late then reported a repossesion/foreclosure. It took me for about 70 points total. As soon as they reported the foreclosure ,my score actually went back up 10 points.