Sentences with phrase «settlement deal with your lender»
If you are thinking to strike a debt settlement deal with your lender, you must know that late payments are affecting your credit score.
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With a settlement, your lender is essentially striking a deal to «settle» for a lower amount than what you borrowed if it means resolving your debt without the need for collections, court judgments, or other actions.
He or she may also recommend that you deal with a particular lender, title company, attorney or settlement / closing agent.