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In what kinds of ways does a foreclosure affect your credit?

Written on March 18, 2010

I know the obvious, I mean you really wouldnt be able to buy another house.

Does it affect your overall score though or just when it comes to buying a house? I mean, you dont know the whole story, what if 2 people divorce and neither of them can afford it themselves, they just let it foreclose and move on.

How long does a foreclosure stay on your credit?

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Filed in: Foreclosure Help.

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