Tag loan modification

Credit Score

Does Loan Modification Affect Your Credit Score?

Yes, loan modifications can affect your credit score, but the extent of this impact varies based on several factors, including your previous credit standing and the specifics of the modification. A loan modification may lead to a temporary decrease in…

Hannah Edwards
February 3, 2026

Loan

Can They Foreclose During Loan Modification?

When a borrower applies for a loan modification, the foreclosure process can often be paused, but it’s not guaranteed. Understanding the specifics of your loan modification agreement and lender practices is crucial. The loan modification process can provide temporary relief…

Hannah Edwards
January 11, 2026