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It's my opinion that a foreclosure can have a major effect on the borrower's life.
Property foreclosures can have a Six to few years negative impact
on a debtor's credit report. A borrower who may have
applied for a home loan or almost any loans as an example, knows that
the worse credit rating is usually, the more hard it is to get a decent financial loan. In addition,
it might affect a borrower's power to find a reasonable place to let or rent,
if that becomes the alternative homes solution. Thanks for your blog post.
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