Credit scores today are extremely important: lenders rely on them to determine who gets money and at what interest rates.
Foreclosure on a home loan can cause significant damage to your credit score, dropping it by 150 or more points, depending on how many house payments were missed before the lender made the foreclosure official.
A foreclosure will remain on your credit report for seven years and will impact your credit the most in the first few years. As the foreclosure gets older and you add more positive history to your credit report, your credit will improve.
"Metro NY Credit Repair" can help you with a foreclosure removal so this does not happen to you. Let us review your case and help you with a foreclosure removal. We will guide you in a proper way in the removal of foreclosure from your credit report.
Solving a problem is easier when you know the cause of the problem.
Our repair process begins with a complete analysis of your current Credit report.
Following this, we analyze the damages caused by foreclosure. We then employ specific procedures and strategies to successfully improve your credit rating by removing the foreclosure from your credit reports.
Our consumer credit counselor can work with you to figure out how to make the most of your income. They will also negotiate lower interest rates and monthly payments with your creditors so you can work on getting out of debt.