Thursday, June 29, 2006

Who do I pay first?

If you're ever in a Pinch for funds on any given month, PAY YOUR MORTGAGE first. Do whatever you have to so that you pay on time and pay the minimum amount. Beg, steal or borrow. In reveiwing hundreds of credit reports, the biggest Ding on anyone's report is a late mortgage payment. It will haunt you for years. Don't go there. High credit debt or a late credit payment is WAY better than a mortgage late. Credit Questions? Call me. Pat Townsley, Broker. 800-646-5527. www.PTRE.net

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