What Will Happen To Ones Good Credit Score If One Gets Married To Someone With Bad Credit?
If you have a good credit score and get married to someone who has bad credit, in principle your credit score won’t be affected. You and your spouse will continue to have separate credit scores and credit reports, and any bad credit that he or she has in his/her name will neither reflect on your credit report nor affect your credit score. If after getting married you apply for joint credit accounts such as a credit card, the history of that account will appear on both your credit reports, even if only one of you uses the credit card. Any late or delinquent payment on that joint credit account will affect your credit score negatively. If your spouse uses the card and becomes delinquent on payments, the creditor may run after you for payment as well because your name appears on that credit card. Now if you and your spouse were to apply jointly for a loan – such as a housing mortgage – the lender will check both your credit scores, and your spouse’s bad credit history may result in your g
