I just pulled my credit report and my husband's credit card is listed there. He put my name on his account and gave me a card. Is it right for them to list this on my report if it's not my card? It's only listed on one report.
2006-08-22 08:49:59 · 29 answers · asked by Kim 1 in Business & Finance ➔ Credit
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2006-08-23 08:43:00 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I'm a loan officer with a mortgage lender.
This actually sounds correct. When pulling your credit report, if you are married you will notice that you have an area for joint accounts you have with your spouse (most common being mortgage and auto loans) and a section with just your credit accounts. Because your name is given as an authorized user on his account you are also liable in the eyes of the creditor for payment of the balances.
PS: Just to clear up a fallacy some people hear keep writing, just because you get married doesn't mean you automatically appear on each others credit accounts. I view people's credit everyday and very few accounts show us as "joint accounts" on their credit. I also have to be careful when discussing credit with married couple as sometimes they have accounts reporting on their report that the other is not aware of.
2006-08-22 08:58:32 · answer #2 · answered by n4utilu5 2 · 0⤊ 0⤋
you may have opened the account in both names. Sometimes credit agencies will get information mixed up. Ex: my father and I have the same name (I am a Jr.). Some of his credit shows up on my report. The credit agency may have put the information on your report due to the fact you that you have same last name and the same address. It shouldn't be a problem as long as he pays on time.
John (bank officer)
2006-08-22 09:01:51 · answer #3 · answered by joniannuzzi 2 · 0⤊ 0⤋
If you are a joint card member on his account then it will come up on your credit report. But if you just have a card which he may have requested at the time of activation then they will remove it if that is the case. There a difference between joint card member and requesting another card in your name. Just ask the merchant to remove it off, pretty easy!
2006-08-22 08:59:49 · answer #4 · answered by mikdar001 1 · 0⤊ 0⤋
Yes, the same thing happened to me. My credit wasn't bad when I married my husband I just didn't really have any so he put me on his card to help me establish credit and it now shows up on my report. If he keeps the payments current then that's a good thing for you, if not then it's not so good.
2006-08-22 08:57:09 · answer #5 · answered by ♥Stacy 6 · 0⤊ 0⤋
If you are both listed on a credit card or you have even used his once you are under his credit report as well as him yours.
2006-08-22 08:55:56 · answer #6 · answered by rltouhe 6 · 0⤊ 0⤋
If he added you as an "authorized user" then yes, it would be on your credit. I was surprised when this happened to my husband (who was then just my boyfriend.) He was older and thus got a better rate on a rental car, so I ordered an extra CC with his name on it...and now my account shows up on his credit report.
I have no idea if it helps your score or not-- like if they consider all those payments I made as good payments for him too. I hope so!
2006-08-22 10:16:52 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Yes, since you are married your credit is linked. In most states you are equally responsible for any debt incurred during the marriage even if you don't have a card and are not on the account.
2006-08-22 08:56:56 · answer #8 · answered by connie_mspt 4 · 0⤊ 0⤋
Since your name is on one his account it should appear on your report.
You can write to have the card cancelled and send a copy of the cancellation letter to the credit reporting agency.
2006-08-22 08:56:26 · answer #9 · answered by jwdaye 3 · 0⤊ 0⤋
Yes, if you are an authorized user, it will be on your report. You will note that it probably indicates somewhere that it is a joint account, or that you are just a signer.
No worries.
And to the other posters - it doesn't matter if you are married, or whatever. If you are an authorized user on someone's account (mother, father, bf, gf, aunt - whatever), it will show up on your credit report.
2006-08-22 08:55:45 · answer #10 · answered by kentata 6 · 1⤊ 0⤋
Yes,
After a period of time, marital debts irregardless of whose name is on the card shows up on either credit reports.
2006-08-22 08:55:32 · answer #11 · answered by Anonymous · 1⤊ 0⤋