2007-03-10 14:37:46 · 10 answers · asked by Raiderfan1 1 in Family & Relationships ➔ Marriage & Divorce
Nothing...but when you apply for credit do it seperately. He shouldn't add you to a credit app or the total score will lower. You should however rebuild your credit by starting slowly and paying down your current credit...try not to miss any payments and always pay a little extra when you can. When you do this and get caught up, then apply for small loans you can handle and do an auto withdrawal and make sure the money is in the account so it never goes NSF...if you do this over a short time your credit will start to repair itself.
2007-03-10 14:41:58 · answer #1 · answered by bheithcao 2 · 0⤊ 0⤋
You usually keep to seperate credit scores
once you start buying major purchases in both your names is the only tie to your credits so as long as you guys keep up those payments his credit should stay good and yours may get better
at least thats how it is in Canada I just found out because I am getting married and I have good credit and he does not so I was a little worried too
2007-03-10 22:43:44 · answer #2 · answered by badluckbear1 2 · 0⤊ 0⤋
I am in the same boat as you are I have max everyone of my credit cards.I now have 8 credit cards and cannot keep up with the payments.I need help myself and my husband knows nothing about it. I am hoping like you that my husbands credit score isn't affected by my stupidity.When he fines out what I have done he might want to leave me.I'm 20,000 in the hole how about you ?
2007-03-10 23:06:38 · answer #3 · answered by Teenie 7 · 0⤊ 1⤋
Nothing actually happens to his. It stays exactly like it is (as long as he continues to pay his bills). But when you purchase something jointly they consider BOTH credit scores, so you might have problems.
2007-03-10 22:42:03 · answer #4 · answered by kp 7 · 0⤊ 0⤋
Nothing all credit scores are independent as per individual yours is not connected to his in any way.
2007-03-10 22:47:15 · answer #5 · answered by Livinrawguy 7 · 0⤊ 1⤋
His credit will continue to be good based on his earnings,(low) debts, and prompt payments.
It means you can't get any significant loans (cars and houses) without him co-signing.
It means you better not squander his income.
It also means if you are divorced, you will be unable to pay your share of the debts.
2007-03-10 22:54:42 · answer #6 · answered by Sir Richard 5 · 0⤊ 0⤋
I dont think that it affects his credit score unless you both have a mortagage or a loan together and its late then it will affect both of you.
2007-03-10 22:43:20 · answer #7 · answered by hotmoma1 1 · 0⤊ 0⤋
Actually his stays the same until you want to purchase a house...to those who are about to bring their husbands down...I suggest you tell them NOW...not when they get the call saying they've been turned down for a home loan because you're $20,000.00 in the hole!
2007-03-10 23:25:05 · answer #8 · answered by Anonymous · 1⤊ 0⤋
Nothing, until you ruin it. The poor guy!
2007-03-10 23:05:25 · answer #9 · answered by The Sylvan Wizard 5 · 0⤊ 0⤋
It go'se down unless you sign a pre- nup, and make it public that you dept. belong to you, and not him.
2007-03-10 22:44:43 · answer #10 · answered by Free-Lance 5 · 0⤊ 2⤋