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Bankruptcy

: The Debt Podcast

Short sales, foreclosures, & credit scores

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The impact on your credit score is the same for a short sale, a deed in lieu, or a foreclosure, a Fair Isaacs representative told bankruptcy lawyers at this weekend’s seminar. It is, he said, the 120 day late payments, which he presumed underlay each of these alternatives, that damages the FICO score. [...]

Full post as published by The Debt Podcast on February 24, 2008 (boomark / email).

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