How does a forbearance reflect on your credit report?

If you get a short forbearance from your mortgage lender, is that reported on your credit report? Any other negative consequences?

How does a forbearance reflect on your credit report?

Yes, it is reported as %26quot;paid under agreement-30 days past due%26quot;. Hurts credit score almost as bad as just 30 days delinquent but much easier to explain to potential new creditors. If you only have one, a lot of mortgage servicers will submit a correction. personal note: your credit score is actually pretty fair, deal with the consequences, don%26#039;t dwell on the truthful past. thought: trying to change the truth about your credit reporting may reflect it%26#039;s true accuracy. It really doesn%26#039;t affect that much in your life. If it does, you should have been much more careful with it. It does reflect what you were willing to commit to, and what you could really pay without interruption, And that%26#039;s how business looks at it. Take your lumps and commit to less in the future.