Ask The Money Coach

Archive for the ‘Strategic Default’ Category

Data from Experian’s 2011 Strategic Default Report revealed that in the first half of 2010, an estimated 275,000 people just walked away from mortgages they could afford to keep paying because they had become such bad investments. Read – What Strategic Defaulters Mean to Marketers | Ad Age Stat – Advertising Age

Related Questions:

• inurl:/users/index php username real name registration date last login mimic
• inurl:/users/index php username real name registration date last login biologically
• suffocate inurl:/discussion/
• inurl:/users/index php username real name registration date last login altering
• stessi inurl:/forum php what\s going on?\
• stessi inurl:/forum php what\s going on?
• music inurl: discussion/index php?showuser=
• inanchor：Add Comments
• inurl:addcomment
• * inurl:forum
• inurl:/discussionboard aspx
• inurl: add comments

Q: What is a strategic default?

A: A strategic default occurs when a homeowner who appears to have the ability to pay for their home nevertheless decides to stop making mortgage payments, yet continues to keep up with other financial obligations, such as credit card bills or auto loans.  In addition to being underwater – or owing more on their homes than the properties are worth -  strategic defaulters typically have better FICO scores, larger mortgages, and smaller amounts of credit card debt, according to a FICO study. Strategic default can have a significant negative impact on your credit score.

Related Questions:

• strategic default credit card
• strategic credit card default
• strategic default student loans
• strategic default on credit cards
• strategic loan default
• strategic default auto loan
• strategic credit default
• stratigic auto default
• transunion mortgage only defaulters file: pdf
• cresit card strategic default
• strategic default mortgage only in one name
• define strategic default