How does a foreclosure affect a credit score versus a short sale?

• August 27th, 2012
• Posted in Featured . Mortgage

When it comes to short sales, a status of “account paid in full for less than full balance” or “settled” will still have a negative impact on a credit score because it means the debt was not paid in full as agreed. According to VantageScore Solutions LLC, a mortgage loan settled through a short sale [...][ READ MORE ]