How bad wll a deed in lieu of foreclosure affect my credit?

Question:

Answer:
It will have a significant impact as 35% of your credit score is based on punctuality of payment in the past. If you have missed payments to that extent, it will have a significant impact.

If you are making ongoing payments to the company, that will be taken into consideration in capacity used: the ratio of current debt used to your balance. This is worth another 30%.

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