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-   -   Understanding foreclosure and repossession (https://www.askmehelpdesk.com/showthread.php?t=408429)

  • Oct 21, 2009, 03:27 PM
    alabamagirl
    Understanding foreclosure and repossession
    I went through a foreclosure, but on my credit report it shows up as a repopssession. Can the mortgage company do that?
  • Oct 21, 2009, 03:51 PM
    JudyKayTee

    Please post once - yes, a foreclosure is a type of repossession. Usually it just says foreclosure.

    In the long run it doesn't matter once after it hits your credit report.

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