On average how much does a new foreclosure lower a person's credit score?
Question:
Answer:
This is one of the worst things that can show up on your credit. If it's not tied to a bankruptcy it's even worse.
You can expect your score to drop at least 100-points and possibly more.
You would be possibly as low as the 500's but for sure low 600's. It will totally destroy you, do not let it happen
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