I have a few 30 day lates showing up on my mortgage with Homeside Lending. Now it is actually with Washington Mutual. Things were tight in Dec. 02 due to the holiday season and I paid the payment after the 15 day grace period. Prior to this, the last late pay reported was more than a year ago. The Dec. payment was mailed to them on the 21st and it cleared MY bank on the 30th which indicates they received it a few days prior to the 30th. This is showing up as 30 days late on 12/02 on my CR. This is creating a problem on my refinance and keeping me from getting the best possible rate. I've read the discussions here about 1 day late can be reported as 30 days late. I'm on the side of "this is not accurate, therefore they cannot do that" was of thinking. What grounds do I have in this situation. The only other date (besides the date it came out of my account ) I can make out on the back of my cancelled check (everything is stamped on top of everything else) is 12/27/02. Any suggestions or a contact name? I've disputed this several times and it keeps coming back verified so I had quit working on it. Any suggestions? I need to get this resolved ASAP! Do I have a leg to stand on to argue this point with Homeside or the CRA? Thanks!
I've wondered about that too... on a mort, if your due date is the 4/1/03, can they report you late on 4/2/03? How would it show up - I've never seen a 1 day late or a 15 day late on a credit report...
Ok, I've got some more answers.....which just created more questions!! For one thing....I'm not arguing it was late. I paid the late fee and went ahead and mailed the payment. Have never had anything less than 30 days report as 30 days before so figured I was OK as far as it dinging my credit. Was very intentional to NOT let it go 30 days. I called Homeside (now it's Washington Mutual) and spoke to a very nice CSR. She stated that it posted to my account on the 27th and that it should not have been reported to the CRA as late. Well, I mentioned that I had several lates showing up and they were probably legit from more than 12 months ago and she looked at my records and said according to her records, I HAVE NEVER BEEN REPORTED AS 30 DAYS LATE. That is just further proof to me that the CRA's do whatatever they damn well want. Besides that, I have disputed this same account (more than once) with all three and it has come back VERIFIED every time. She told me it could not have been verified as it has never reported as 30 days late. To get through the immediate crisis, she is supposed to be faxing me a letter stating that I was NOT 30 days late in December. That will take care of this problem and get my refinance done and then I've got to plot a course of action to get this matter resolved with the CRA's. I swear, it just burns me that you work so hard, are willing to accept the things that are legit, thinking they may have actually checked on them and then you find out this kind of thing!!
