For those of you that have got your final docs and your mortgages permanently modified, have you checked your credit scores?
While I was on the trial payment since 6/1/09, I got a Transunion report and the comments said that I was "delinquent" (NOT derogatory) and under partial payment agreement. Which was fine. I got my VANTAGE score from Transunion that came in a 922 out of a possible 990 I think.
From what I understand, there is a Vantage Score (used by Experian and Transunion that ranges from 550 to 990 I think), and FICO score (used by Equifax that ranges from 350 to 850).
I just got my Equifax FICO score and it's down to 652! Which ****s. I didn't know what my FICO score was during the time of the trial payments, but I'm assuming it would be pretty high being that my Transunion score was 922 and higher than 90% of the national average. The 652 FICO score is higher than only 27% of the national average. So obviously this trial payment stuff VERY adversely affected my FICO score.
What are you guys showing, and is there a way to correct this? When I look on the report details it says I was late and missed a payment etc...but that is not true since I DID pay on time, but just a lesser amount as agreed...