What will happen when my credit card debt is paid off, will this affect me in a positive way?

Tips and Deals Forums Consumer Credit Improve Credit What will happen when my credit card debt is paid off, will this affect me in a positive way?

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      Anonymous
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      In March of 2008, I had eight credit cards that I had a debt on. Instead of having to declare bankruptcy, I was able to get help from a law firm. At the end of this month, February 28, 2012, I will have my seventh credit card paid off. My last credit card debt is the biggest one. I will be happy to say that I will be debt free. Will this improve my credit once again, or will it remain on my record for some time?

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