credit cards and student loan?

Question

i have paid off 4 out of 6 credit cards that i had in collection, the last 2 are in current standing. first question: after i pay off a credit card, how long until itis reported to the credit bureau and how fast will that affect my credit/credit score? second question: how will this credit/my student loan i still have affect my future husband if we wed in 1-2 years from this time?

Answer 1

The negative information will show on your credit report for seven years from the date of deliquency (not the date of payment to resolve debt). It show Charge-Off/Paid and a Balance of $0.

It might have been better to have attempted a pay for deletion letter. Just something to consider if there ever is a next time.

Second question: It shouldn't affect your husband upon marriage since the debts you had are still in your name. Unless he is added to your credit cards as an authorized user, there shouldn't be any problems however it might be best for you to have separate accounts (savings, checking, credit) until you get all of your credit affairs in order.

Answer 2

1st - the fact that you pd the debt will show on the file within 60 -90 business days - depending on how often the comp reports to the bureaus. A faster way to get it onto the file is to obtain a letter from the comps that you paid and forward a copy of that to the credit bureaus asking them to update to paid. Make sure the letters have the comps heading at the top and a signature.
2nd - is the student loan in arrears? if so then it will affect your husband if you go together to get a loan ( in both your names) otherwise it will not affect him.

Answer 3

what im not understanding the 2en q?
i should only take up to mayby one month of not sooner. call for your report to be sent to you by mail or phone.
this should not effect you husband at all.

Answer 4

try this:
http://finance.ebookorama.com
and/or this:
http://credit-cards.ebookorama.com
good luck!