How long does it take for credit score to go up in rating after paying off debt?
How long before they take debt off of your report is 7 or 10 years.
How long it takes to pay off your debt consolidation will depend on a number of factors. The first thing you need to look at is how much money you owe. If you owe tens of thousands of dollars, it will take you longer to pay off your debt than someone who just owes a few thousands. The higher the debt, the longer the payoff period. You also need to take a look at how much of a monthly payment you can afford. The more money you put towards your debt each month, the more quickly you will be able to pay off your debt consolidation. When you take out a debt consolidation loan or sign up with a credit counseling service, they should be able to give you a good idea of how long it will take you to pay off your debts.
Not long if you work on paying it off as quickly as possible. It depends on the size of the debt, and the type of intrest rates you have. For a house, expect 30 years.
No, you cannot use a Stafford student loan to pay off personal debt. The only debt that should be paid off with an educational Stafford loan is your college debt.
10 years
The U.S is aproximently $13,048,885,524,238.38.in debt and it would take Samantha 400 years to pay it back to BenitoRead more: How much money does the US owe
That varies widely based on what type of school you attend (private or public, two year school or four year school), how long you attend, how much you work while in college, how much your parents are contributing to help pay off your debt, etc. If are like me and spend six years working on your bachelor's degree the debt will definitely be higher. On average, debt after college is between $30,000 and $50,000.
until the company writes the debt off or the person owiing the debt dies
That would depend on several variables: -- The interest rate on the debt. -- How often you make a payment. -- The amount of each payment.
probably...
It Depends On What Situation Your In Like For Example Debt If Your In That It Would Be A Negative On Your Credit and You'll Have To Get Yourself Out Of That!