1. Money  Post-Foreclosure Credit Repair  How to Repair Your
Credit After a Foreclosure   For many homeowners foreclosure is
a reality, but it’s not the end of the world, or the end of your
credit. 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.  There's no magic formula to repairing your credit
after a foreclosure. The more you make good decisions about
using your credit, the better your credit will be.  Evaluate the
cause of the foreclosure.  Solving a problem is easier when you
know the cause of the problem. You'll have an easier time
repairing your credit post-foreclosure if you understand what
caused you to foreclose. What could you have done something
differently? Perhaps chosen a different mortgage? Managed your
money better? Understanding why the foreclosure happened can
help you prevent it from happening again.  A