12-21-2007 06:49 AM
12-21-2007 11:25 AM
07-01-2013 03:51 PM
I did a DIL in Feb 2013, my credit score went from 820s when I stopped making my payments to 710. I am not sure if it will go lower or not since my credit report still shows I am 120+ days past due. I have been told it affects your credit the same amount as short sales but it will be quicker.
I would love to hear what other people experienced.