credit repair: Happy Holidays?? Maybe not. - 12/24/10 01:19 PM
I have a client who may not have a merry holiday season after all.  He was scheduled to close on his new house on December 30. The loan process was moving smoothly despite the fact that it's been interrupted with holidays for the past month.
Yesterday, he got a hard dose of reality. He inadvertently missed a $10 minimum payment due on a store credit card in November. It got reported to the credit bureaus, and his score dropped by 60 points! As if that weren't enough, that drop was enough to disqualify him from the mortgage program he was in.
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Bob Prevelige, CMPS (Zenith Mortgage Advisors) Rainmaker large

Bob Prevelige

CMPS

Hopkinton, MA

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Zenith Mortgage Advisors

Address: 74 South St, Hopkinton, MA, 01748

Fax: 866 456 4748

Office: 508 497 9900

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