If you think that your HOA dues do not affect your credit, think again. Failure to pay can result in more than legal fees, it can really hurt your credit score. So if you are thinking about moving into a neighborhood that has annual, semi or quarterly HOA dues, consider all the factors that are involved before you sign your contract. The following article explains how HOA dues affect your credit and what you can do in case you find yourself in a financial situation where you are unable to pay.
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