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When trying to decide whether to use a new loan to stop foreclosure or loan modification, there are certain considerations that will help make the decision for you personally. Getting a brand new, refinance loan will impact your credit much less severely than loan modification. Loan modification harms your credit nearly around foreclosure, but getting […]

If you are facing an imminent foreclosure, then your first thought almost everyone has is to remove a small personal loan to trap up all delinquent repayments. When your overdue repayments are caught up, the financial institution won’t be able to foreclose on your house, right? Unfortunately this really is only going to make your […]

In United States, the mortgage foreclosure filings have raised 93% in the last year whereas another 2 million more are in line. These statistics show that you might ‘t be the only one in crisis. The good thing is that banks and financial institutions have a heavy load of foreclosures to cope with and they […]

Homeowners dealing with a looming home foreclosure need to consider the option of mortgage loan modification. Homeowners that have fallen behind within their monthly payments for any significant time period might be feeling pressure from their lenders via letters and phone calls asking these phones up-date their debts. These attempts for collection shouldn’t dissuade the […]

The current housing crisis, coupled with ever rising unemployment, has brought the horror of foreclosure to many families. Foreclosure on a loan is something which should be avoided on all costs since it means not only losing house and home but an eternity of bad credit, and may even keep a person from ever owning […]