My Husband has an Account, he added me to it. Now he is $400 and he is not paying it. He says he has bad credit already it doesn't matter to him, MY QUESTION will this effect my credit also? He is the Primary Account holder I was just added.
2006-09-07 09:16:56 · 13 answers · asked by Precious 1 in Business & Finance ➔ Credit
yes Girl you will have the bad credit also, taking your name of the account NOW is not going to work you are in debt with your Man now. You should save up pay it before it goes this far. Good Luck.
2006-09-08 08:57:25 · answer #1 · answered by Anonymous · 0⤊ 1⤋
If its a joint account, Yes. If he just added you, you can have him remove you from the account. More than likely it will affect your credit as well.
2006-09-07 16:19:57 · answer #2 · answered by RD 1 · 0⤊ 0⤋
I just added my husband to my credit card. They said if I just added him then it won't affect his account. If we turned into a joint credit card it will affect his credit. You better call and find out ASAP. Hopefully you can remove it fast before it affects your credit.
2006-09-07 16:23:45 · answer #3 · answered by Anonymous · 1⤊ 0⤋
Having done home loans and reviewed plenty of credit reports, if your account is joint then it affects both credit scores. hope this helps.
2006-09-07 16:20:39 · answer #4 · answered by Wondering 1 · 0⤊ 0⤋
His late payments would show on your report, yes. But if you are just an "authorized user" and not actually ON the account, ask that you be removed and then start a dispute online and ask that that account be deleted.
2006-09-07 16:30:19 · answer #5 · answered by Anonymous · 1⤊ 1⤋
Try fast to separate his finances from yours. Pay what he owes and write an explanation to the credit bureau,
2006-09-07 16:21:40 · answer #6 · answered by Anonymous · 0⤊ 0⤋
You an him are linked at the credit report.
2006-09-07 16:20:08 · answer #7 · answered by JJ 2 · 0⤊ 0⤋
go to freecreditreport.com and get your credit reports then find out your credit scores, then look up how you can alert the credit bureaus to possible fraud
2006-09-07 16:20:39 · answer #8 · answered by jojo 6 · 0⤊ 1⤋
Yes it will! Have your name removed even if you do you are married and still responsible.
2006-09-07 16:20:22 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Your credit gets hit as well.
Why would you do such a thing?
2006-09-07 16:18:32 · answer #10 · answered by Anonymous · 1⤊ 0⤋