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Not Only Are Late Payments Going
Not only are late payments going to have a huge negative affect on your credit but recent late payments with amounts listed in the past due column of your credit report are going to affect your credit scores even worse. Whenever there is an amount listed in the past due column it will have an even worse affect on your credit score. Therefore, if you have collection accounts with past due amounts listed on your credit report these will affect your credit even worse than collections without a number listed in the past due column. Please consult your mortgage broker for more information.
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