What happens to my credit score if I get married?
I’m in my late 20’s and my soon to be husband is in his early thirties. I have credit card debt, but I’m working on it. I have a couple bank accounts. I also have a really good credit score. My soon to be husband filed for bankruptcy a couple years ago after he got divorced to avoid paying for bills his wife wasn’t paying. He doesn’t have a credit card. He does have a bank account. I have no idea what his credit score is. Will my credit score be affected when we get married? Should we share a bank account when we get married?
Note: His wife bought things and then didn’t pay for the bills for them. They were items she bought and used when they were separated. He didn’t see or use them. When she didn’t pay for them the creditors came after her. She claimed she wasn’t working and then they came after him after they were divorced. He was advised to file bankruptcy so the creditors would stop going after him.
Nothing
When I married my wife she had and still has 12000 dollars in unpaid debt. Her creditors can’t touch me because none of it is in my name and none of my property is in her name
March, 7th 2010 at 3:04 am
it should bear no postive or negative affect on you or your husband they are seperate.
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past experience
March, 7th 2010 at 3:54 am
Your credit score should only be affected if you change your last name to his. The bank account is up to you. Do you trust him enough?
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March, 7th 2010 at 4:14 am
ur credit score will remain the same bc its based off ur social sec. # which doesnt change when married. however, since he filed for bankruptcy u will prob have to put everything in ur name and if he doesnt help pay then ur credit slowly goes down drain. separate bank accounts (for personal use) and one joint account (for bills, household, etc) would prob be best idea
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March, 7th 2010 at 5:00 am
If the debt happened prior to your getting married, then the debt is not considered yours. Any debt after you get married will be shared. You can share a bank account, it does not affect your credit unless you bounce a check and do not pay the company, then the company can take action.
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March, 7th 2010 at 5:39 am
Only if you start doing things jointly.
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March, 7th 2010 at 5:44 am
No, you need to keep your credit separate from his. It will affect your credit rating to have him on your accounts.Bankruptcy is the worst thing that can happen to your credit rating, but you already know that. The credit card companies may decide to increase your interest rates also if you add him on your cards.They will also ask for his Social Sercurity number so they will know his credit rating as they will check. It also is a liability to have him on your bank account as well. You should talk with someone at the bank and the credit card companies, before you do anything to make sure this does not affect you adversely.
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March, 7th 2010 at 6:03 am
no – only the joint credit you have or will have together will affect your score.
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