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Why do the lenders make you pay off all bad debt?

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By "bad debt", I assume you are referring to collections. All lenders do not make you pay off all collections. In fact, there are some non-conforming lenders who do not make you pay any collections, other may only make you pay if the total is over a certain amount. If you are shopping for a mortgage loan, look for a mortgage broker who does business with "non-conforming" lenders.


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