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  1. 03-28-2009, 03:38 PM #1
    underthere
    underthere is offline Renter
    Join Date
    Mar 2009
    Location
    Michigan
    Posts
    4

    Question How much would you pay to save your credit?

    I have lost so much equity in my home I now owe about 20-25k more than I can sell it for, but I have to move.

    I have excellent credit now. Never a late mortgage payment.

    If I walk away my credit is ruined. 20-25k is alot of money to me. Should I come up with the money to pay down the mortgage and keep my excellent credit rating or just walk away and live the ruined credit?

    Any alternative suggestions?

    Thank You!
    Last edited by underthere; 03-28-2009 at 04:24 PM. Reason: clarification of question
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