Categories: Lifestyle

10 Things That Affect Your Credit Score

Photo by respres

Foreclosure

Taking out a home loan through your local financial institution serves as an official payment agreement that requires constant follow-through. If a homeowner fails to make their mortgage payments on time, the institution may have to start the process of foreclosure.

Foreclosures generally stay on a consumer’s report for a total of seven years, plus an extra 180 days past the most recent payment. Having a foreclosure listed on your report will lower your overall credit score, as well as increase future interest rates by 1%-2% on average.

Page: 1 2 3 4 5 6 7 8 9 10 11

deepak

Share
Published by
deepak

Recent Posts

10 Things You Need to Know Before Getting a Fast-Cash Loan

You'll need this list if you're considering a fast cash loan. Everyone has times when…

10 years ago

Top 10 Foods to Combat Diabetes

Try these foods for fighting diabetes. Diabetes is a serious medical condition that affects approximately…

10 years ago

Top 10 Exercises for Stomach Fat Loss

Try these exercises for a flatter stomach. Whether you’re trying to look good for swimsuit…

10 years ago

Top 10 Anniversary Destinations in 2015

Celebrate your anniversary at one of these destinations. For many couples, an anniversary getaway is…

10 years ago

Top 10 Stories of the Old Testament

Is your favorite story on this list? Quite a few important things happened in the…

10 years ago

Top 10 Presidential Mistakes Ever Made

Mistakes or just bad decisions? Living in the public eye is never easy. Living in…

10 years ago