 I feel like my life is ruined!!!? |
When I was younger my Mom put bills in my name and now at 19 I have bad credit!!
I just called to try and get gas turned on for my new house and they told me I had a $469 bill PLUS a ... |
|
 About a loan please help? |
| i am in a little bit of debt i dont have great credit im only 20 and i need a personal loan of $2000 someone please help ... |
|
 Is it true that if you pay off collection accounts on your credit report, that it will hurt your score? |
i got a few collection accounts on my credit report that i havent paid.
they are 2 - 3 years old. would it hurt my score if i paid them off? or should i just wait til the 7 years are up.... |
|
 What would be the best credit card to reestablish my credit? |
| I am constantly getting denied for the cards I apply for even though I paid all of my debt off and I got approved for one but they wanted and $250.00 payment before I could use it and I said "No ... |
|
 Can Sears deny me employment because of my credit after they hired me? |
| I recently got hired by Sears as a cashier....on the condition that I pass the drug test and the background check. I'm not worried about either of those things, I don't do drugs nor have a ... |
|
 Can unpaid hospital bills ruin your credit? |
| I have no insurance and recently broke my leg, I am not working and the bills are piling up, the hospital bills are over$ 10.000, and I won't be able to pay that for awhile, and now they are ... |
|
 I have been working on my credit score for the past few months trying to get the magic score of 630? |
| I paid everything that can be paid and I am so close to the goal but I don’t know what I can do next. I know time heals all wounds with credit scores but I hoping to get into a house this summer. <... |
|
 What if false claim is made by collection agency against you to the credit bureau? |
| Hi. About 8 to 9 years back i used to live in an apartment complex. When i moved out of the apartment in 2001, i was told to make some payment about carpet damage to the management. The payment was ... |
|
 Should I file for bankruptcy? |
| I'm 29, and my debt is under but probably close to 10K, much of it sent to collection. This debt includes student loans, credit cards, and my bank account balance, which was in the negative and ... |
|
| How do i establish good credit? im 18 and dont have a credit card, bank account, car.....how do i start? |
I do have a job.....and im on my own now...in a few months i want to buy a car but dont know how i would do that without ANY credit.........???
Additional Details
so if not a credit ... |
|
 How soon are defaults removed from your credit file/history? |
| How many years are defaults held against you for and when if ever are they removed from your credit history all together? T... |
|
 Why do some people have multiple credit cards? |
Also,
Does having multiple credit card affect your credit score?
Is it better to stick with one credit card?... |
|
 What is the best solution to repair your credit score? |
| I have a low credit score. do i need to hire someone to reapair it, and who? wanting to try and buy a house in less than a year and i want to have a decent credit score.... |
|
 What does it means when your husband lend his credit card to his female senior engineer? |
| He lent his credit card to his senior engineer to forge his signature without his presence so as to sign his card to get discount just to help her save a little on petrol cost. That lady accepted and ... |
|
 My boyfriend has bad credit, will his credit go up if I put him on a card with me? (It didnt ask for his SS#)? |
| His credit score is in the 500's. He called the company's to clear the late payments, will that help? and how long till we see numbers go up. We really want to get a house, my credit is 742,... |
|
|  |
brianferoldi | Should my fiance cancel her credit cards after we get married? |
I currently have an excellent credit score, and my fiance has a very good score. We both have had credit cards for 3+ years, and when we get married i wish to keep our credit cards and finances under a joint account. Does it make sense for me to have her cancel her current cards and use my account? Will that have an effect on our combine credit score? How does that work? |
 |
 
Studly
 |
Lets clear up one myth. There is no such thing as a "joint" credit score. You each have your own score.
If you both share the same credit cards, loans, etc...you will each end up with the same reports, but on separate names.
I see absolutely no advantage in your case in trying to combine two good credit histories. You need to maintain them. It's a sad fact that marriages do end in a divorce, and trying to rebuild credit after your husband/wife destroyed it is difficult.
OK, that said, what will happen if you cancel her cards is the credit bureau will lower your credit score. Not much but it will happen. It would be better to just keep the cards and not use them.
I would go over all of the cards you both have and find the one with the best interest rates/features. Get both of you placed on that card, and use it.
Why? Because when you start applying for new credit cards in both names, it will also effect your credit score. Read the link below for info on this.
You sound like you have everything under control...good luck. |
|
auntb93again
|
I would call the individual credit card companies and ask their advice. They are motivated to have her continue to use them, and will be accommodating. They may agree to issue the same cards in her married name, or change them to joint accounts with you. |
|
oil field trash
 |
My wife has credit cards in her own name so she has a credit history even if I should die. |
|
brian-the-brain
|
Maybe you should cancel yours. Why is it hers that have to go?
If you are going to cancel any keep the best no matter whose it began life as. You can add her name to yours and she can add your name to hers. There is probably no reason to cancel any unless they have an annual fee, or if you have trouble spending money that you shouldn't because you have a limit.
Be sure and keep them paid off, they will do you a lot more good. |
|
R
|
she should keep them just make sure they are paid off. It will help when you guys go to buy a house or other things. your score is based on a number of things one being the length of your ceridt history and the amount you have to the amount you owe. And i know you don't want to here this but if you guys get a divorce it will be easier for her to get her life back on track if she had things that are in her name bank accounts cards. And harder for you to screw her over. Same for you. You should keep some things that are just you and not joint with her |
|
Al
 |
When you get married, your credit scores also join. So, there is no real advantage to cancelling her cards. I would call each company and ask them to issue a card to the other spouse. You would get a card on all her accounts and she would get a card on all of your accounts. |
|
Arvind Gupta
|
Its good to have joint credit cards. But do u think ur wife would approve this? |
|
shortyball22
|
depends on how many credit cards she has----girls tend to like to have alot of credit cards |
|
thylawyer
 |
Go with Studly. He's right on. |
|
Credit Guru
 |
Lets clear up a few things.
As a previous poster said there is no such thing as a "joint credit" file. A credit file is unique because it contains your Social Security number and Birth date.
When you get married and if your wife takes your name all she needs to do is send the credit bureaus a copy of her new license and a copy of her Social Security card and they will change her name. Her previous name will appear in the section titled, Other Names in which credit granted or something close.
You should keep the credit cards with the highest limits and open the longest and pay them off every month and never charge more than 50% of your credit limit. If you owe balances on any cards don't close any of the other accounts but put them away and don't use them. If you close them you will be only reporting accounts with balances on your credit file. If your balances are more than 50% of your credit line your score will go down. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 20 minutes(s) ago
| | | |
10 | 2 hour(s) ago
| | | |
10 | 5 hour(s) ago
| | | |
9 | 6 hour(s) ago
| | | |
9 | 7 hour(s) ago
| | | |
10 | 9 hour(s) ago
| | | |
10 | 1 day(s) ago
| | | |
10 | 6 day(s) ago
| | | |
10 | 2 week(s) ago
| | | |
8 | 1 month(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
