If a person's car gets repoed, the bank can report it on their CR in any state. When they redeem it doesnt matter, its the fact that it got repoed that gets reported.
If you're married than its easy... your spouse just gets a copy of their credit report and shows it to you. If your not married (divorced) than you cant - its illegal.
The lender will get a JUDGEMENT for the balance due and put THAT on your CR. And then use their OTHER legal options.
Your credit score gets lower.
Then you should pay your bills.
the possible thing that could happen is your car gets repoed and your credit goes down the toilet for that mistake
OVER 9000 points gets added to your credit, but it makes your cards inert
It is common belief that after seven years your debt gets wiped clean from your consumer credit report that is reported to all major credit agencies.
Your credit is severely damaged. Stays on your credit report for 7 years. Don't let this happen. Contact the lender and work something out.
In general, no, having a card on his mother's account will not go on his credit report, for good or bad. If the student gets a credit card with the account in his own name, possibly with his mother co-signing, that will go on his credit history.
If you're talking about a cosigner, then yes. The cosigner's credit gets dinged also. Be careful about who you cosign for.
It gets you as report from each of the major groups in case one has the wrong or different info so you can try and fix it.