credit scores: How much will a late payment drop my credit score?
- 05/14/13 02:52 AM
How much do FICO scores drop after a 30 or 90 day late payment on a mortgage? This question and many just like it are asked mortgage professionals everyday. As much as we enjoy giving accurate and precise answers to many questions asked by borrowers who depend upon our professional knowledge and expertise, we are forced to give vague answers on this one. Not because we want to be evasive, but because a specific answer is just not available. I did, however, come across a comment on another forum that gave a fairly specific estimate of the affect various (2 comments)