Foreclosure Credit Rating
Foreclosure Credit Rating
Do you have credit from a foreclosure exchange available with credit card companies?
Does your current appearance of the card business credit in this state after a good customer for all these years and still paying, but lower than its available credit limit or increase its incidence?. Again, it has always been on time with them over the years ….. please, this is not a question of what is a foreclosure or how long stays in the report I know. Please answer the specific question. I want to help a friend as best I can … Thanks
Unless your card company is looking for an excuse, it should not. However, card companies are free to raise or lower the credit limit to their will. One of the reasons why you might do this is through risk assessment. This could give some dents and may lead to lower limit. Good news is that I have a foreclosure and none of my two cards had the limit changed. Like you, I always paid on time.
Foreclosure Con Man Raul Altamirano
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