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Company Loan Type APR Est. Pmt.

Foreclosure

Posted on: 31st Oct, 2007 10:18 am
If I can not refi my house and decide to let the house foreclose. How will that effect my credit?



Rosalva Moso
"kittymoso@yahoo.com.au"

[size=9:52c72e4a11][color=Red:52c72e4a11][Deactivated email address as per forum rules. Thanks.][/color:52c72e4a11][/size:52c72e4a11]
Posted on: 31st Oct, 2007 10:48 pm
Hi Kitty,

I suggest you not to go for the foreclosure, because it will have bad effects on your credit report stay almost for 7 to 10 years. And on top of that foreclosure will decrease your credit score.
Posted on: 31st Oct, 2007 11:22 pm
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