May 21, 2009

Does a short sale impact your credit the same way a foreclosure does?

Q: Does a short sale impact your FICO® credit score the same way a foreclosure does?

According to a Credit Q&A from FICO®, short sales, deed in lieu and foreclosures are viewed the same and will have the same impact on your credit score.

Source


Related Florida real estate views:

Florida cracking down on bad credit repair companies

How credit scores are determined is about to change

No comments: