credit bureau
Date: Sun, 01/30/2011 - 18:15
Hi! Welcome to the forums! If you do a short sale or deed in lie
Hi!
Welcome to the forums!
If you do a short sale or deed in lieu, it will get reported on your credit report. They will also bring your credit score down. I don't think it will be a wise idea to ignore the loan. You can talk to your lender and work out a repayment plan. You can also enroll in a loan modification program to pay off the debt.