Shit. I'm pissed.
I just got the credit alert from TrueCredit. I got my first delinqent mortgage payment ding in .... what? Ever? 7 years? I hate to think what this will do to my credit rating. I'm meticulous about that score.
Part of the problem is that I now own a few rental properties and have quite a few mortgage payments, all due at different times of the month. I hired a new bookkeeper this January, the same month I started getting new mortgage statements that I wasn't familar with. I wasn't solid in my payment system and over looked that this one payment wasn't made. The bookeeper told me she would inform me when payments were due, but... I changed mailing addresses, I didn't get the statement, and she didn't know of this outstanding bill. $#!$# I want to swear a bunch. Blaim everyone. Get all pissy.
But the truth is ... the credit reporting system worked just great. I am wobbling a bit financially as I acclimate to this new level of business overhead. For those of you new to me or this webblog, I purchased a business property in December 2004 to house my law practice, Lawlady, Inc. It's a beautiful older Tudor in the heart of the Roosevelt neighborhood in Seattle. I was always a "low overhead" kind of lawyer until I stretched into this new obligation. The credit reporting system caught me as I tried to scale an economic hurdle to which I wasn't accustomed. I faltered a bit on this financial precipice/adventure. Oh well. Demerit earned.
Learning Lesson: Treat your credit score like a personal report card. I just got a "C".
Do you get enough report cards in your life? I think they are important and we don't get enough of them. Check out your financial report card. Order a credit score from TrueCredit.com today. Are you getting A's in finance?