Late payment through covid

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  • #75043
    argreene
    Participant

    If you have late payments due to covid, will that be considered or do you have to start all over again?

    #75046
    Nelsont
    Member

    It depends on a case by case basis. It will most likely come down to being able to provide a letter from your employer on company letterhead (no email) that your income was directly affected by covid and would not have been without covid. You will also likely need to provide proof the bill collector did not offer leniency.

    #75084
    argreene
    Participant

    My husband had covid and was out of work for two weeks, plus they cut his work hours, I have all of that documented, I hope it helps, it was basically only two payments.

    #75098
    TTrumble
    Member

    Hello argreene,

    As long as your can show the late payments were directly Covid-related and therefore beyond your control, you should be okay. your counselor and underwriter will have to make the final decision, but I suspect you don’t have anything to worry about.

    Tim Trumble
    Online Operations, NACA
    ttrumble@naca.com

    #75128
    kunkka
    Participant

    nice

    • This reply was modified 6 months, 2 weeks ago by kunkka.
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