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Can you sue your absent husband for not paying a credit card he borrowed money on from you?
Wiki User
∙ 14y ago
Can you sue your absent husband for not paying a credit card he borrowed money on, the credit card is in my name only?
Wiki User
∙ 14y ago
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How can i have bad credit when i don't own a credit card?
Your credit rating is assessed by companies on your past history of paying back money you have borrowed. People that have never borrowed money will not have a recognised rating. As far as companies are concerned this is considered a poor risk and you may be classed as having a 'bad' credit rating.
My husband cosigned for my 2nd mortgage and he is not on the first mortgage. if we have the same lender for both mortgages and we quit paying on the first mortgage how fast will his credit be impacted?
Since he is not listed as a borrower on the first mortgage his credit is not affected by paying or not paying that mortgage. Even if both loans are with the same company, he is only held responsible for the loan in which he signed.
Can paying off credit cards increase your credit score?
Yes off course. Paying off any debts will increase your credit score.
When paying a settlement is the credit score different if the credit report states 'paid' 'paid in full' or 'settled for less than original amount'?
yes, the credit score is affected. The people pulling your credit look at it this way, they want to know if you paid back what you borrowed with no problems, if there was a problem, or if they settled on a different amount, which means they took a loss. What would you rather see if you pulled a credit report on someone?
How can paying down your credit cards lower your credit score?
Paying down your credit cards won't lower your scores-- but paying off and closing the credit cards will lower the scores. You want to show that your cards are not maxed out and you have plenty of room between the credit limit and the balance .
How can i have bad credit when i don't own a credit card?
Your credit rating is assessed by companies on your past history of paying back money you have borrowed. People that have never borrowed money will not have a recognised rating. As far as companies are concerned this is considered a poor risk and you may be classed as having a 'bad' credit rating.
Does being the co owner of a car give you credit?
Not necessarily. It is possible to co-own a car, be on title, and not have borrowed money for the vehicle. Credit history is established when you borrow money. It is a record of how you have paid the money back. If you purchased a car with someone else by paying one lump sum, and never borrowed; then co-owning would not have established any credit history for you.
Does being the co-owner of a car give you credit?
Not necessarily. It is possible to co-own a car, be on title, and not have borrowed money for the vehicle. Credit history is established when you borrow money. It is a record of how you have paid the money back. If you purchased a car with someone else by paying one lump sum, and never borrowed; then co-owning would not have established any credit history for you.
Can an ex husband have you insured still?
yes. if its you who is paying, you may cancel at any time. if it is him, you can still cancel it if you have his credit card information. If it is him paying, i would let him keep paying forever and save you some money,
how can i get help paying my credit cards and hospital bills?
help paying credit cards
My husband cosigned for my 2nd mortgage and he is not on the first mortgage. if we have the same lender for both mortgages and we quit paying on the first mortgage how fast will his credit be impacted?
Since he is not listed as a borrower on the first mortgage his credit is not affected by paying or not paying that mortgage. Even if both loans are with the same company, he is only held responsible for the loan in which he signed.
If a husband who is supposed to be paying the credit card bill doesn't and keeps charging with no intent to pay off the balance be charged with fraud by the innocent partner?
Definitely NO! Advice the Credit card company that you want to cancel the card. Then have them issue new cards, one for you and one for your husband.
What is an Example of good credit?
Paying off all credit cards each month Paying off all credit cards each month
Can paying off credit cards increase your credit score?
Yes off course. Paying off any debts will increase your credit score.
Your ex -husband using credit card and not paying which effect your credit you been divorced since 1999?
Notify the Credit Card Company IN WRITING - NOT VIA PHONE OR INTERNET of the date of your divorce (they'll probably want you to send them a CERTIFIED copy of the divorce decree).
When paying a settlement is the credit score different if the credit report states 'paid' 'paid in full' or 'settled for less than original amount'?
yes, the credit score is affected. The people pulling your credit look at it this way, they want to know if you paid back what you borrowed with no problems, if there was a problem, or if they settled on a different amount, which means they took a loss. What would you rather see if you pulled a credit report on someone?
What does credit card mean?
A Credit Card is a card that enables you access to a line of credit offered by banks and some other places. When you use the card to 'pay' for something, the bank is paying for it, it is like a loan. The bank charges you a fee for this service, called interest, a percentage of the borrowed money.
