Are you sure that that's always the case without exception? I didn't think so.Once it goes into the next month it gets registered with the credit register.
I don't think you've said what you intended, because this is not correct.In most cases you can change your mortgage payment date to any date up to 28th.
Once it goes into the next month it gets registered with the credit register.
Certainly with KBC they permitted any date in the month as the payment date.I don't think you've said what you intended, because this is not correct.
You might have mis understood me.@peemac your comment re CCR is completely incorrect. There is a 1 month grace period in CCR reporting. Any changes to payment date with agreement of lender are an amendment to your contract and therefore cannot be reported as missed payments as it was agreed.
You might have misexplained.You might have mis understood me.
OK, the timeline explains the incorrect information.if I moved the payment to the 21st (as I did in 2013) it gave 7-10 days to rectify it if payment was missed.
The lender is not going to have a fit if you are only 7 days behind.Just simply get back on track with regular repayments.Me thinks.!Hi! What is the effect if I missed a mortgage payment by a few days (7days) ?