Will my fiance's low credit score bring my score down when we marry? What if we own seperate credit/loans?

Question

I heard that simply being married to someone with a low credit score will lower yours. I heard that it doesn't matter if you do not have joint credit or loans, it will automatically go down. Is this true?

Answer 1

Actually, if you apply for a joing loan like house or car, it will drop the score down. If you keep it at an individual loan level it will not affect you.

Answer 2

Each person's credit is individual. The only way to have your credit go down is to put your name on his accounts that are bad. One thing to do to improve his credit though, aside from taking care of past issues, is to add his name onto some of your good accounts. Just make sure you are still the one handling making sure that everything is paid.

Answer 3

absolutely not. you're two individuals with unque SSNs. you're fiance's credit history will not show up mysteriously on your credit reports. the only time your score will go down in this situation is if you were a co-borrower or co-signer and one of you were late on the account and the tradeline reports. the real question is how you will apply for credit together.

Answer 4

true----------
might be best to maintain separate account until he clears his up.
and keep marr on the qt.