How bad is previous foreclosure on credit?
Trincity Realty,LLCA property foreclosure is one of the most damaging events in a borrower's credit history. In terms of the effect on credit history, a deed in lieu of foreclosure or a short sale is not as adverse an event as is a forced foreclosure.
What if I have bad credit?
CashNetUSA FAQ, Frequently Asked QuestionsBad credit will not prevent you from receiving a payday loan at CashNetUSA. Our friendly agents will work with you, even if you have already been turned down by other lenders. See similar questions...
My credit is bad, am I wasting my time, and is a foreclosure inevitable?
Foreclosure FAQs - Get Answers to the Most FAQ's Regarding F...No. Almost everyone who has fallen behind on house payments has had some credit problems in the past. Our goal is to help everyone, regardless of credit. See similar questions...
What will a Foreclosure do to my credit?
FAQ for ForeclosuresBy almost any measure a completed foreclosure is the most damaging event your credit status can encounter – worse than bankruptcy. A foreclosure on your credit record will negatively impact your ability to borrow money for years. For most people, it is well worth the time and effort to solve the problem before the foreclosure is done. See similar questions...
Can I receive credit for previous COBRA continuation coverage?
Yes. Under HIPAA any period of time that you are receiving COBRA continuation coverage is counted as previous health coverage as long as the coverage occurred without a break in coverage of 63 days or more. For example, if you were covered continuously for 5 months by a previous health plan and then received 7 months of COBRA continuation coverage, you would be entitled to receive credit for 12 months of coverage by your new group health plan. Not if you enroll when you are first eligible. See similar questions...
Can I become a homebuyer even if I have I've had bad credit, and don't have much for a down-payment?
Common Questions from First-time Homebuyers - HUDAnswer: You may be a good candidate for one of the federal mortgage programs. Start by contacting one of the HUD-funded housing counseling agencies that can help you sort through your options. Also, contact your local government to see if there are any local homebuying programs that might work for you. Look in the blue pages of your phone directory for your local office of housing and community development or, if you can't find it, contact your mayor's office or your county executive's office. See similar questions...
What if my credit is bad?
FAQ'sWeak credit can be a stumbling point. Having poor credit is only one more reason for calling Corinthian Capital Group. We can do a quick credit analysis for you and then let you know how we can help and explain exactly what needs to be done to improve your credit standing. We will work directly with you during this process. We also have access to a variety of lenders who are willing to make loans to borrowers with less than perfect or even poor credit if certain other conditions are met. See similar questions...
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