http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Deed-in-Lieu-going-through/m-p/1625160#M210643 <p>I think it is scored on par as the foreclosure, though I bet it'll look a little bit better with that comment in the eyes of lenders.</p> Thu, 04 Oct 2012 17:42:52 GMT llecs 2012-10-04T17:42:52Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Deed-in-Lieu-going-through/m-p/1625084#M210638 <p>So I've been working very hard at rebuilding my credit even though I'm going through a foreclosure on my home (due to divorce).  I just spoke with one of the attorneys for the bank the other day, and they are going to be able to process a Deed in Lieu of Foreclosure by the end of the year.  What does this mean for my credit score?  I mean I know it's going to hit it hard (just like the late payments for the mortgage have been for over a year now).  I have raised my score over 100points since June, so I'm just curious.  I have two more collection accounts on Experian - one of which I have arranged a PFD for.  I have two showing on TransUnion - one of which I have arranged a PFD for.  Equifax shows none.  My plan for now had been to garden and wait for my score to improve so I could apply for a refi for my car loan - but I'm wondering should I be trying to get that through before the Deed in Lieu hits my credit?</p> Thu, 04 Oct 2012 17:19:57 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Deed-in-Lieu-going-through/m-p/1625084#M210638 CasperJack14 2012-10-04T17:19:57Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Deed-in-Lieu-going-through/m-p/1625160#M210643 <p>I think it is scored on par as the foreclosure, though I bet it'll look a little bit better with that comment in the eyes of lenders.</p> Thu, 04 Oct 2012 17:42:52 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Deed-in-Lieu-going-through/m-p/1625160#M210643 llecs 2012-10-04T17:42:52Z