Missing a payment or making a late payment can cause
even further damage to your credit rating and, under certain circumstances, may increase the interest rates of your other loans.
In order to
avoid further damage to your credit and to make sure that you are entering into a good deal with a good lender, it is essential to make sure that you understand the obligations for this loan in plain language.
If you are currently in one of those financial down cycles or are being PCSd and are unable to afford two housing payments, and debts are at risk of being unpaid, short - selling your home may be an option to reduce your risk of foreclosure and
further damage to your credit.
If you have received your credit report and it has mistakes, it is important to dispute them as soon as possible to prevent them from doing
any further damage to your credit.
Care should be taken when considering debt relief not to do damage or cause
any further damage to your credit.
If you notice something inaccurate or possibly fraudulent, these should be reported immediately to avoid
any further damage to your credit.
Professional Real Estate Investor can help these families by providing assistance to avoid
further damage to credit, emotional trauma and avoid expensive law suit.