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Does your husband no longer have a credit history if he has been unemployed for 10 years even though you have joint credit accounts?
Wiki User
∙ 8y ago
If you have joint accounts that have been open and active in the past 7-10 years, your husband has a credit history. Credit history has nothing to do with the status of his employment.
Wiki User
∙ 8y ago
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Does your age affect your credit score?
No, but your credit history accounts for about 15% of your credit score.
Does closing credit cards after you have paid them off go against your credit?
I've read that closing accounts after they've been paid off can actually hurt your credit score. Among the factors considered in calculating your credit score is the length of the credit history you have, so a history of accounts that have been paid on time is better than a recent history of fewer accounts.
Is it possible to get a bad credit history from being denied a credit card because you did not have a credit history?
It is possible that you will show a low credit score if you have no other loans, credit cards, etc. You have to have revolving accounts or other accounts to establish credit. If you are having trouble getting a credit card you can try and get a secured credit card, or have a co-signer help sign with a application for credit.
What information goes into a credit score and what information does not?
your bill payment history, the number of accounts you have and what kind, how long you have had your accounts open, and your recent credit activity.
Account receivable financing is based on What?
There are three major factors in accounts receivable financing. Receivables buyers look at the size of the accounts, buyers' credit history, and the age of the receivable.
I always give credit where credit is due what am I?
unemployed
Is the wife responsible on husband debt if incurred before marriage in mo?
No you are responsible for his debt prior to marriage. Keep in mind that each come to the marriage with their own personal credit history. You are only responsible for joint accounts. Credit obtained in both names.
If your husband files for bankruptcy on debt acquired after your separation is your credit at risk as well?
Yes, unless you request the credit reporting bureaus to separate your accounts.
My husband and I have all our funds in a Michigan Credit Union. Our two children are named as beneficiaries on all Accounts & CD's.Would these have to be probated.?
No if their names are on the accounts then it is their money already.
How do i get credit history?
You can get credit history by having a credit card or line of credit. Anything that reports to the credit bureaus that you are paying each month. You can also get some credit accounts added to your credit history by becoming an authorized user on a spouses or family members account. All this doesn't matter if it isn't paid on time, so a credit history length with a good payment history will help your credit score.
If you and your husband have separate credit cards will his late payments affect your credit score?
No, not if the accounts are separate. Married couples credit ratings are only affected equally when the account is held jointly.
What information goes into a credit score?
Identifying Information, Trade Lines, Credit Inquiries, and Public Record and Collection Items
