If they had a really bad Credit Report what should that tell you?
2007-10-18 08:25:07 · 15 answers · asked by snack_daddy10 6 in Family & Relationships ➔ Marriage & Divorce
WOW!
I didn't expect so many idiots fighting me on this one. I never said to do it behind anyones back. Running a Credit Report would just as easily help the person take control of their credit and gives you a glimpse on how responsible they are.
2007-10-18 08:55:56 · update #1
Interesting results
Men: 80% yes, 20% no
Women: 50% yes, 50% no
Overall 64% yes, 36% no
What I do notice is that this idea did not get bellow 50% in favor, which means at least half the people think is a good idea.
2007-10-19 04:55:18 · update #2
I wish I had. You might start by showing your partner your credit report and then politely ask to see theirs.
2007-10-18 08:27:54 · answer #1 · answered by countryguyhfc 5 · 1⤊ 1⤋
If the relationship is lacking in honesty, then that's a real issue. The other person should tell you everything. Although I know its important to know their financial situation before hand, I would recommend a good honest conversation rather than the P.I. work behind their back. If its bad then I would say plan on spending time rebuilding their credit and paying out loads of money. Also, credit reports don't necessarily show all of their debts. My husband had a bunch of debt, we ran the credit report and addressed everything on it, then last week got a $4500 bill for something that didn't show on the credit report.
2007-10-18 08:31:05 · answer #2 · answered by Sweetness 6 · 1⤊ 0⤋
Yes, that's a VERY good idea, if something happens after you get married and you don't know about it you can still be held liable and all of that....besides, both credit reports (after marriage) will be combined and it will then either increase or decrease, depending on what's going on....that's a VERY good idea though, lets you know what you're about to get into financially....especially if (God forbid) something happened after your marriage and you lost your spouse due to death....My husband and I would have run a credit report but we didn't need to, we knew already what our debts were and what was/is owed. That's part of being in an honest, trusting relationship....
2007-10-18 08:32:30 · answer #3 · answered by amyhwoods 5 · 0⤊ 1⤋
Well, your question brings up two things--a lack of trust and a lack of communication.
A spouse's past credit history is extremely important. If that person is keeping that history secret, it would set off many warning bells.
A marriage is hard work, and financial compatibility is as important as personal compatibility. My ex once spent over a thousand dollars I had deposited to pay taxes on two new suits. I wish we had discussed our financial pasts and habits before tying the knot.
Please sit your partner down and discuss this, then ask them if you can pull their credit. Good luck!
2007-10-18 08:31:08 · answer #4 · answered by Jenyfer C 5 · 1⤊ 0⤋
I think it's very important that you both know as much about each other as possible -- in all areas of finance, religion, children, short and long term goals, etc. Regarding finances, neither of you want to take on someone else's debt unknowingly. It's a hard thing to just come right out and ask for, suggest you bring up credit and debt in a conversation, and openly discuss yours as well, then you can suggest sharing your credit reports with each other.
2007-10-18 08:32:01 · answer #5 · answered by england562 2 · 1⤊ 1⤋
i'd not run a credit record on them, although that is truly something that is mandatory to communicate about. dedicated couples ought to sit down and communicate funds- previous, cutting-edge, and destiny. it would no longer continually be an elementary communicate, although that is an important one. If which skill getting cutting-edge credit comments and sharing them with one yet another, so be it. yet, i'd not pass out and run a record on an important different with out their expertise and consent. it really is in basic terms rude, and an invitation to an undertaking!
2016-10-21 09:16:01 · answer #6 · answered by Anonymous · 0⤊ 0⤋
If a person has bad credit that means either a) they don't make enough $$ so you'll have to pick up the financial slack b) they procrastinate on paying bills and possible other things too c) they don't pay attention to their debts and responsibilities very well or d) all of the above. RUN THE CREDIT CHECK!
2007-10-18 08:30:17 · answer #7 · answered by Anonymous · 0⤊ 2⤋
It should tell you that they can't manage finances and I'd be very wary of marrying anyone with poor credit. There are always reasons, but ask yourself if your persective spouse has valid ones. Are these just day to day bills or are we talking about forclosure and repo credit? Then ask yourself why?
2007-10-18 08:37:56 · answer #8 · answered by Gary 1 · 1⤊ 0⤋
In today world it is a great idea.
People get themselves in to debt and if you are mot aware of it then it becomes your problem
If Iwas to remarry we would do a credit check and have a prenupital agreement before the marriage
2007-10-18 09:04:22 · answer #9 · answered by will_955 3 · 0⤊ 1⤋
No I don't think that is neccessary, marriage is based on trust and it starts with basic things.
When you marry you marry for better or worse. Talking about what each owes is a good thing ,but not a credit report.
It is also illegal to run someones credit without both a need and their express permission.
2007-10-18 08:30:57 · answer #10 · answered by rumbler_12 7 · 1⤊ 3⤋