Menu

Home › Forums › Housing › Why not walk away? › Well your credit is going to

November 30, 2007 at 3:09 PM #105915
kewp
Participant

Well your credit is going to get dinged, so no one is going to want to lend you money to buy a house again anytime soon.

HOWEVER, given that tossing the keys will be the new black for ’08 I would not be surprised if lenders once again lowered their standards in the future to drum up business.