| Foreclosure Credit Repair |
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Bolerjack
New Poster
Cash: $ 0.75
Posts: 2
Joined: 11 Dec 2010
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| Foreclosure Credit Repair |
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For many homeowner’s foreclosure is a reality, but it’s not the end of the world, or the end of your credit. This is where foreclosure credit repair comes in. A foreclosure will remain on your credit report for seven years and will impact your credit the most in the first few years. As the foreclosure gets older and you add more positive history to your credit report, your credit will improve. There’s no magic formula to repairing your credit after a foreclosure. The more you make good decisions about using your credit, the better your credit will be.
Foreclosure
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Sat Dec 11, 2010 11:29 am |
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coaster
Senior Advisor
Cash: $ 1357.20
Posts: 6683
Joined: 11 Oct 2005
Location: Wisconsin
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| Re: Foreclosure Credit Repair |
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quote:
Originally posted by Bolerjack
....There’s no magic formula to repairing your credit after a foreclosure....
Exactly why credit-repair service is a waste of money.
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Sat Dec 11, 2010 11:01 pm |
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GotCommonCents
Contributing Member
Cash: $ 6.20
Posts: 31
Joined: 29 Mar 2011
Location: North Carolina
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After going through foreclosure, you would think people would realize that pursuing the almighty credit god may not be the best way. Just because it is the most common way does not mean it is the best. Most people are broke. The weird few are not.
Consider not caring about your credit and avoid debt.
For more advice about how to handle your personal finances and manage your life in a way that will be prosperous, check out my blog:
www.GotCommonCents.com
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Fri Apr 01, 2011 10:06 pm |
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jennypaul
Contributing Member
Cash: $ 6.60
Posts: 33
Joined: 12 Apr 2011
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Bad credit is not a problem if you want to borrow a small cash loan. If you need some urgent money and your credit score is not so good then you can borrow a payday loan.
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Mon Apr 18, 2011 11:19 am |
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Ancelote
New Member
Cash: $ 0.60
Posts: 3
Joined: 11 Apr 2011
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Like others says Foreclosure is not the end of the world. Time can heal any wound. First thing you should do is understand the reason behind foreclosure. Make sure not to allow it happening again. You can continue to pay your other bills on time. Goods records can overwrite bad records. You can improve your credit score.
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Mon Apr 18, 2011 4:02 pm |
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Adria.John
Preferred Member
Cash: $ 32.60
Posts: 162
Joined: 20 Apr 2010
Location: UK
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Well, i think repairing your credit is definitely achievable, just you need good planning and strict implementation. The key is sit down with a reputable credit repair firm and evaluate your credit report and decide what can realistically be accomplished.
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Wed Apr 20, 2011 8:46 am |
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