what happens to your credit after a foreclosure?

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what happens to your credit after a foreclosure?

2007-05-09 11:59:45 · 2 answers · asked by carlapk 1 in Business & Finance ➔ Credit

2 answers

AFTER a foreclosure, your credit usually starts to recover. The same thing that caused the foreclosure already damaged your credit score significantly.

2007-05-09 12:49:10 · answer #1 · answered by STEVEN F 7 · 0⤊ 0⤋

Your credit will suffer a good amount. You can keep a good credit status in other ways - so don't be to scared!

2007-05-09 12:05:34 · answer #2 · answered by t_sublette 1 · 0⤊ 0⤋