N.J. man learns modifying mortgage to cut payments may impair credit rating (The Star-Ledger)

Posted on September 29, 2009
Filed Under Fixed Rate Mortgage |

MATT RAINEY/THE STAR-LEDGERDave Peterson of Knowlton Township pulled back his request for a mortgage modification when he couldn’t find out how it would affect his credit score. An adverse impact would probably raise his cost of future borrowing. Dave Peterson…

Source:N.J. man learns modifying mortgage to cut payments may impair credit rating (The Star-Ledger)

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