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The bank has assured her several times that making the lower trial payments won’t affect her credit score. But she’s skeptical because she’s been getting calls from the bank’s collection department about her payments.
“I’ve tried so hard to make every bill on time,” said Griffis, who is 64 and lives in southwest Charlotte.
Credit scores are always tricky to understand, and the impact of modifications is even more complex. The bottom line, Save Your Home has found, is credit scores are likely to suffer during a temporary trial modification, but can be restored when the modification is finalized.
