Best answer from question by elisa_griffin2000:
Answer by golferwhoworks
FHA
I am a loan officer in TN & KY
Best answer from question by Brian W:
Answer by the_buccaru
If you responsibly pay down your debt and do not declare bankruptcy, you will rebuild your credit and be fine.. My daughter did it and now has a high 700s score and owns her own home.
Best answer from question by Stephanie:
Answer by Daniel R
normally the cards report to one of three agencies: Transunion, Experian and Equifax; or all three or just one. Either way, the report is within 30 to 45 days depending on the card.
Your scores are not just a reflection of one card but a combination of many factors. I wrote about this on my blog: http://homefinance123.blogspot.com/
I hope you and your fiance have a happy life together.
Daniel