How does foreclosure of loan impact your credit score?
A foreclosure, as one would expect, can lead to a significant drop in credit score, by hundreds of points. The exact impact depends on various factors, including your credit history before the foreclosure and the scoring model used.
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A foreclosure, as one would expect, can lead to a significant drop in credit score, by hundreds of points. The exact impact depends on various factors, including your credit history before the foreclosure and the scoring model used.
