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Which one should I pay? My mortgage or my auto loan?
31st December 2009
My credit is trashed as it is, so rule that out. I am late 23 days on the mortgage, but only 12 days behind on my car loan. The lender with the car loan is Capital One Auto Finance. If I pay the mortgage late, it will show up on my credit report, which is trashed, but if I could salvage anything it would be a late mortgage payment. I dont want the car repossessed though, it would seriously destroy my life, no means to get to work, etc.
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