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Can you use your spouse's income as a second income without using your spouse's credit?
Wiki User
∙ 19y ago
If a spouse is applying as a single account holder but using both spouse's income, the incomes will be verified. Whether each credit history will be checked is at the discretion of the lender,in most cases it will be. What effect this may have on the financial transaction is uncertain.
Wiki User
∙ 19y ago
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Can you get a second mortgage after filing bankruptcy?
Yes, as long as the bankruptcy has been discharged, your credit score is 580+, and you earn enough income to support the additional loan.
If you have a credit card can you get one for someone as a second card holder who has no credit and cannot get any and will that help their credit?
no-- they are just a second card holder (user). you can add someone without their signature-- therefore the place has no information on them so how could it help them. And beware --- they may not pay it back.
Does a second credit card holder receive a credit card?
Yes, a second credit card holder has his/her credit card also but of course, they are just under the primary card holder.
Does it hurt your credit to take out a second mortgage?
Taking out a second mortgage can affect your credit score, but it depends on how much of your available credit you are using. Like with a credit card, people who are closer to their borrowing limit are less favorable to banks than people with a lot of credit available.
How can one get approved for a 2nd mortgage loan?
If one were interested in getting approved for a second mortgage loan they would need to have assets, a good credit rating and a consistent income. Some banks may require more.
Is 40000 a year a good income when living in California?
Not without a second income!
How do you get a second life account without a credit card?
A basic Second Life account does not require any credit card details or payment information. Premium membership does however incur a monthly charge.
Can you get a second mortgage after filing bankruptcy?
Yes, as long as the bankruptcy has been discharged, your credit score is 580+, and you earn enough income to support the additional loan.
If you have a credit card can you get one for someone as a second card holder who has no credit and cannot get any and will that help their credit?
no-- they are just a second card holder (user). you can add someone without their signature-- therefore the place has no information on them so how could it help them. And beware --- they may not pay it back.
Does a second credit card holder receive a credit card?
Yes, a second credit card holder has his/her credit card also but of course, they are just under the primary card holder.
If you have a car loan in your name from a credit union will it affect your ability to get a loan for a second car from a dealership?
ALL loans affect your Credit Rating. Some good and some bad. All existing accounts are also used to calculate your "debt-to-income-ratio" (DTI). This is the percentage of your income that you pay out in bills. This number has to be an acceptable number to the lender before they will close a new loan.
What is Honolulu's second source of income?
Tourism
What is the second step in making an income distribution table?
The second step in making an income distribution table is to rank individuals or households from lowest to highest income. This step helps organize the data and prepare for further analysis of income distribution in the population.
How would one earn a second income?
A second income can be earned by acquiring a second job. You will need to ensure that the hours of work do not conflict with your current job and that you will be paying the correct levels of tax after you take the second job.
Can you get an another auto financed if you already have one financed?
The general rule in auto financing is: One income one loan two incomes two loans. Meaning one person one income one loan two people two incomes two loans. There are exceptions If your income is a high income and your expenses are relatively low, then yes second auto loans happen. Of course it also depends on your credit.
Does it hurt your credit to take out a second mortgage?
Taking out a second mortgage can affect your credit score, but it depends on how much of your available credit you are using. Like with a credit card, people who are closer to their borrowing limit are less favorable to banks than people with a lot of credit available.
How can one get approved for a 2nd mortgage loan?
If one were interested in getting approved for a second mortgage loan they would need to have assets, a good credit rating and a consistent income. Some banks may require more.
