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Archive for the ‘Credit’ Category

The Impact of Foreclosure on Your Credit

04 Feb

Are you facing a foreclosure? When all other options are exhausted, this is a chance to get out from under a large amount of debt and move on with your life. The impact of foreclosure on your credit is not always immediate. Sometimes it takes weeks or months before you fully see the results of your decision. In time, you will begin to see how the foreclosure impacts your credit.

A credit score makes a sharp decline when a foreclosure is recorded. It isn’t unusual to lose between 200... Read more

 
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Credit Counseling to Help You Avoid Foreclosure

05 May

Debt is a serious problem for many people in the United States. Mounting credit card bills, coupled with a struggling economy, often lead people down the troublesome road of debt, eventually leading to foreclosure. Debt is not only financially difficult, but it also causes a tremendous amount of stress. Fortunately, there are ways that people with all different types of debt situations can get help through debt relief programs. One popular method i... Read more

 
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Posted in Credit