Strategic Default | (9 of 10) | The Impact of Strategic Default on Your Credit Score

Are you underwater on your mortgage? Perhaps FAR underwater? Are you contemplating the growing trend of strategic default? Strategic default expert Paul Stevenson, creator of the Strategic Mortgage Default System, , brings you this FREE multi-part series on the fundamentals of strategic default. In this ninth installment, Paul discusses the impact of strategic default on your credit score. Just about everyone knows that defaulting on a mortgage will hurt their credit, but how much? Paul gives quantitative information on credit score impact, as well as prompting you to think ahead of time about whether protecting your credit is worth sticking with a mortgage that is underwater. Be sure to watch the rest of the videos in the series, in which Paul Stevenson teaches you everything you need to know BEFORE you stop paying your mortgage.

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