Can I get a line of credit in my name? I have really good credit but dont work Im a SAHM. Husband brings in the income but we are having issues with his credit right now.
2007-09-28 10:34:06 · 6 answers · asked by angie h 2 in Business & Finance ➔ Credit
Im a married stay at home mom. My husband works and brings in our family income. Can we purchase with my credit and his income.
2007-09-28 10:51:59 · update #1
To actually answer your question instead of lecture you.
I don't know what you are wanting to buy, but if your credit is strong enough you should be able to be approved using your credit and whats called household income.
I get people approved like this every month.
2007-09-28 10:59:47 · answer #1 · answered by ? 7 · 0⤊ 0⤋
My mom stays home and her husband is the one with the income and she has lines of credit. Her husband had some problems in the past so is not able to get approved for much but she is able to use her credit and his income. Responding to another answer, just because she does not work now does not mean that she never did. She can list her husbands income and they should not question it because she is married and would be household income. Also just because she takes out a line of credit does not mean that she is going to ruin their lives, her husband may make decent enough money to make the payments even if his credit is not so great. It takes awhile to get back on track after bad credit even once making decent money.
2007-09-28 22:47:42 · answer #2 · answered by dragonfly 2 · 1⤊ 0⤋
Get a part/full time job and get those things you want/need . A job will help him and you more than you putting more credit trouble and payments on him. Credit issues that you are not telling us about but I'm willing to bet that it's late payments too much debt or something like that for his credit to be in those issues . You have the perfect opportunity to help him not put more of a burden on him .
2007-09-28 18:27:50 · answer #3 · answered by Anonymous · 0⤊ 1⤋
I don't understand how can you not working and have a good credit. As all loans (includes line of credit) need proved of income. Therefore, I would say it is no way that you can get a line of credit.
2007-09-28 19:38:52 · answer #4 · answered by Anonymous · 0⤊ 1⤋
If you do Not have a job or income ,
A line of credit would be the dumbest move you could ever make .
You could easily find your self homeless .
How well would your family cope ,
If they were living out of your cars ?
>
2007-09-28 17:41:03 · answer #5 · answered by kate 7 · 0⤊ 2⤋
try to fix the issues without digging deeper into debt.
www.creditinfocenter.com
2007-09-28 17:48:43 · answer #6 · answered by Anonymous · 0⤊ 2⤋