Will A Loan Modification Damage Your Credit?

February 10 2010 by Legal Help in Credit score |No Comments

Loan modifications are all over the place. There are many questions surrounding them and what the effects on credit can be.  This article answers some of the questions that may come up.
How a Loan Modification Affects Credit
By Kevin Redmon
A loan modification may be the solution for many homeowners to avoid foreclosure proceedings. The process involves [...]

How Does Foreclosure Affect Credit?

January 11 2010 by Legal Help in Credit score |No Comments

With foreclosure running rampant in the economy today, I thought I would share and article about how foreclosure affects your credit.
Foreclosure Credit Damage – How Does Foreclosure Affect Credit?
By Bobby Tucker
When a homeowner hasn’t made their monthly mortgage payments for 3 months or more, their lender will usually starts the foreclosure process. There can be [...]