Is credit combined after marriage?

Question

It's my understanding that your credit score is joint after marriage...is this true, or am I completely uninformed? I'm getting married in July and I have significantly better credit than my fiance. I've taken over his finances and have been steadily improving his credit, but it's still not quite good. It's more in the high range of fair. Will our credit score be calculated jointly after marriage, and, if so, how will it be calculated? Would it be an average of what we have now?

Answer 1

No, you are misinformed. Your scores stay separate.You can apply for joint credit. Say you buy a house together, that is a joint account. That only means that you are both on the loan.What happens then is, they pull a joint credit report, which simply means that they pull your credit together on one credit report, but you will still have your own scores and he will have his own scores. They don't average your scores together or anything like that.

Now, if you were added to one of your fiance's negative accounts, then that would effect your credit negatively, so just don't add yourself to any of his of his bad accounts and make sure that any joint accounts you have are paid on time and you will be fine.

Good luck with your marriage!







Th

Answer 2

No, it's not. But your credit is a lot different. It's not combined, but let's say you married someone and they filed for bankrupcy it would mess up your credit as well.

Answer 3

No.

Only if you have joint credit cards, joint loans, both your names on anything, etc.

Each of you can still maintain separate credit cards without issue.

Answer 4

No your credit score is yours Hubby & I combined everything but our scores belong to each other it isn't combined

Answer 5

No, it is not. The credit scores are separate.

Answer 6

if you file joint return