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I'm guessing their credit will be shot? But I don't really know how that system works. Would they ever be approved for a loan again?
by _mattb 16y ago
I'm guessing their credit will be shot? But I don't really know how that system works. Would they ever be approved for a loan again?
- MichaelSalib 16y agoStrategic defaulters will have their credit shot, but their credit record should return to normal after seven years.