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What can you do if you have 2 cars and a condo in your name alone but your credit score has dropped 200 points because your spouse has bad credit?
For any personal credit related concerns I recomment a website that I know has many very good answers to even the toughest questions. It is an 'ask' site directly on Experian's website which is hosted by Maxine Sweet, the V.P. of Public Affairs for Experian. You can get to the site from the following link: http://www.experian.com/ask_max/index.html The only way your spouse's credit would affect your score is that you have joint, co-signed or authorized accounts together. Any accounts that the two of you hold jointly are the legal liability of both of you, regardless of marital status. Improving the score involves the same type of activities: Paying accounts on time, proper use of revolving accounts, clearing off any inaccurate and obsolete data.
What else can I help you with?
If you have bad credit will it affect the credit score of your spouse?
Your credit standing alone won't affect your spouse's credit. The only way your spouse's credit would be affected along with yours is if you jointly hold accounts and then fail to pay them.
If your spouse co-signs for someone will it affect your credit too?
No, your credit rating is separate from your spouse. If he or she cosigns it will only effect his or her credit rating.
Does wife credit card affect husband?
If a spouse has a credit card in their own name & the other spouse isn't listed on it, bad credit won't affect the second spouse. But, if you both apply for a loan or other credit - the credit bureau will check both parties credit reports.
Can they garnish your pay check because your spouse is indebt?
Washington State, Can they garnish my pay check because my spouse wages are being garnished to pay off a credit card debt.
Can a spouse be held responsible for wife's premarital credit card debt in NJ?
Yes because when you get married you are one so your spouse whould be responsible for their debt because that means their in debt to
Will your credit score drop is your spouse removes you?
yes because points would get tooken off
If you have bad credit will it affect the credit score of your spouse?
Your credit standing alone won't affect your spouse's credit. The only way your spouse's credit would be affected along with yours is if you jointly hold accounts and then fail to pay them.
Can a spouse with good credit cosign a student loan for their spouse with bad credit?
That is decided by the LENDER.
If your spouse co-signs for someone will it affect your credit too?
No, your credit rating is separate from your spouse. If he or she cosigns it will only effect his or her credit rating.
Does wife credit card affect husband?
If a spouse has a credit card in their own name & the other spouse isn't listed on it, bad credit won't affect the second spouse. But, if you both apply for a loan or other credit - the credit bureau will check both parties credit reports.
Can they garnish your pay check because your spouse is indebt?
Washington State, Can they garnish my pay check because my spouse wages are being garnished to pay off a credit card debt.
Can a spouse be held responsible for wife's premarital credit card debt in NJ?
Yes because when you get married you are one so your spouse whould be responsible for their debt because that means their in debt to
How can a spouse be dropped from a title?
The spouse must voluntarily execute a deed that transfers their interest in the property to you.
If your spouse has a judgment against them can it also be filed in the other spouse's credit report?
If the judgment names only one spouse as the judgment debtor it will not be entered on the non judgment spouse's credit report.
When you get married, does your credit combine with your spouse's credit?
When you get married, your credit does not automatically combine with your spouse's credit. Each person maintains their own credit history and score, but joint accounts or loans can impact both individuals' credit.
Will your spouse's credit score be affected if your individually owned property is foreclosed spouse's name is not on the deed?
Your spouse's credit score should not be affected if he/she is not on the deed or on the mortgage that was foreclosed.
Is spouse responsible for husbands debts in Arkansas?
yes only if married at the time or unless if their credit cards no
