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re: Mortgage Delinquencies are Spiking

Posted on 7/16/20 at 12:04 pm to
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3126 posts
Posted on 7/16/20 at 12:04 pm to
quote:

Does this count people who wait until the 15th day to pay mortgage, since there is a 15 day late grace period for late fees?


No. Late payments aren't reported to the credit bureaus until they are 31 days past due.
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