What if I make partial payments on my mortgage...will it affect my FICO score?

Profile picture for Realtyman1
"Paying under a partial payment agreement" has a negative impact on the FICO score; the extent of the impact can vary depending on information in each consumer credit file.
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April 25 2011 - US
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Profile picture for Mike Satterlee
Anything less than the full payment will be considered a late payment. Late fees will accrue as will negative reporting to the credit bureaus. If you make one partial payment in April then a full payment in May and another full payment in June you will likely have a rolling 30 day late payment which will be a further drag on your credit score.
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April 26 2011
 
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