How Mortgage Lates and Foreclosure Affect Your Credit Score

How a foreclosure or short sale hurts your credit

Many homeowners wonder what effect a mortgage delinquency (late payment), a short sale, or a foreclosure has on their credit. Many people just assume that their credit is ruined if they run into mortgage problems. Recent research reveals that their is a significant difference between between the type of delinquency a homeowner receives on their credit report and the […]

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