A Loan Modification is not based on credit. The banks are trying to make a good loan out of a troubled loan. The loan modification will not hurt your credit; generally only late payments or a foreclosure will negatively affect your credit score.
Recent Posts
- Credit Builder Loans: A Path Towards Rebuilding Credit February 18, 2019
- Teamwork Makes the Finances Work: How Couples Talk About Money February 18, 2019
- The Four Habits of the Most Successful Investors January 10, 2019
- Seven Ways a Debt Relief Program Can Improve Your Life January 9, 2019
- How to Develop a Money Mindset January 3, 2019