what effect does a deed in lieu of foreclosure do to credit
Deed in Lieu of Foreclosure Affects Credit Score Iâm considering doing a deed-in-lieu of foreclosure to the bank but Iâm trying to minimize or eliminate any effect on my credit score, which is about a 750. The bank cannot tell me how my score may be affected but said that it would be negatively affected. They told me to call the credit agencies for more information.