Posted on: 21st Oct, 2009 04:39 pm
how many points does a deed in lieu drop your credit score? does it really take only 18 months after DIL to start repairing your credit?
hi lmfab!
welcome to forums!
a deed in lieu of foreclosure would reduce your credit score by 250 points. once the deed in lieu is complete, you should start taking steps to improve your credit score. check out some of the steps you can take to improve your credit score from the given page:
http://www.mortgagefit.com/credit-rating/credit-repair.html
feel free to ask if you've further queries.
sussane
welcome to forums!
a deed in lieu of foreclosure would reduce your credit score by 250 points. once the deed in lieu is complete, you should start taking steps to improve your credit score. check out some of the steps you can take to improve your credit score from the given page:
http://www.mortgagefit.com/credit-rating/credit-repair.html
feel free to ask if you've further queries.
sussane