Ask Bill your personal finance question

Marriage and Its Credit Impacts

I have good credit but if I marry a man with bad credit will his credit affect me?

I have good credit but if I marry a man with bad credit will his credit affect me?

Read full question
Bill's Answer
(5 Votes) | Find Learn Save

Generally speaking, simply marrying a person with a poor credit history will not damage your credit. The only way that I can foresee your husband's poor credit affecting you is if your husband added you as an authorized user on any of his accounts with a less-than-perfect payment history. If he added you to any of his accounts with a delinquent payment history, these accounts could appear on your credit report, thereby damaging your credit score.

On the other hand, you may be able to help your husband improve his credit score by adding him as an authorized user on some of your credit card accounts, or by co-signing on a small loan with him, such as an unsecured personal loan. You can use your good credit to help your husband establish new credit lines, which should have a positive influence on his credit score.

If you would like to find out more about credit, credit scoring, and ways to improve your credit, I encourage you to visit the Credit Solutions and Resources page.

I hope this information helps you Find. Learn. Save.



(5 Votes)

People also like to Read

Daniel Cohen

Credit Card Counseling | Credit card counseling has helped millions of people resolve their debt problems. Learn more about c... Read more >>

Betsalel Cohen

There are many ways to get debt help, and Bill has given advice on each one of them.... Read more >>

Mark Cappel

Learn all about credit card debt consolidation loans and find a reputable lender from - your source for saving mone... Read more >>

Daniel Cohen

Having an IRS tax lien or a State Tax Lien filed against you demands quick action. Free tips from ... Read more >>


1500 characters remaining