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They would apply using their own names, their own credit references, employment information and so forth, and request the account(s) be jointly held in both names.

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โˆ™ 2006-06-13 14:41:35
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Q: How does a cohabitating couple apply for a joint credit card?
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What happens to your credit if you marry someone who has filed bankruptcy in the past?

If the couple apply for any type of joint financing such as a home morgage it could create difficulties. Other than joint financial transactions the credit of the spouse who was not a party in the BK will not be affected


Whose credit score is used on a joint mortgage?

Both persons if it is applicable. In some cases a married couple will hold a joint mortgage but only the wage earner will have a credit score on record.


If you are about to get married and you are filing Chapter 7 bankruptcy will this bankruptcy affect your spouse in any way after the marriage?

It will only affect the non-filing spouse if the couple apply for some type of joint credit, such as a home mortgage. It will not affect the new spouse's credit report/score.


What if you are not married and you want to apply for a joint account?

This should not be a problem if you both are credit worthy. Joint accounts are held by family members, friends and so on.


Will a spouse's bad credit affect your credit in a community property state?

Yes. If you are married and your spouse has bad credit, you inherit that bad credit and depending on the state, you can inherit half the debt if you divorce. * No, debts incurred before marriage do not affect a new spouse's credit report even in CP states. Problems could arise however, if the couple apply for a joint line of credit such as a mortgage.


Is a financial association created on your credit report when two people apply for any type of joint financial account?

Yes, anytime you open a new credit account, even if it is a joint account, it is reported on your credit report either when it is opened or when it is unpaid.


If you pay off your spouse's debts before you get married would that improve your joint credit rating?

There is no such thing as a joint credit rating or joint credit score. Even when two people apply for credit together, their credit is pulled and scores are provided separately. These two separate reports can be merged into one single credit report, but look closely; you will still see separate scores on each bureau for them.


If you have bad credit but your fiance has good credit how will you be affected when applying for a mortgage loan?

Yes, if both people apply for a joint loan, both credit reports will be used to determine the elgibility of the borrowers.


Who is respnsible for divorced couple credit card debt?

1.whos name is on the account or is it a joint credit card account 2.you have to prove who charged what on credit cards to sort out charges(lawyers will ask this)


Will your medical bills be reported on your spouse's credit?

No. Credit reports show individual and joint debts, but not as husband and wife. For example, a married couple hold a joint mortgage it will be on both of their credit reports, individual accounts including medical bills will only appear on the CR of the spouse who incurred the debt.


Will it reflect on your credit if you have extremely good credit and you marry someone with bad credit?

No, but it may cause difficulty when applying for joint credit such as a mortgage. ___________________________________________________________________________________ You are a sole entity as long as you do not apply for monies together therfore you will NOT be penalized by your hubbies lack of credit. Y-THINK-Y


Can joint checking accounts be frozen for a husband's credit card debt?

Yes. The only exception is if the married couple live in a state that allows joint marital accounts to be held as Tenancy By The Entirety (TBE).


Is a couple with a joint income of 150k considered rich?

A couple with a joint income of 150K are considered to be wealthy not rich. Paul


When you marry someone who has filed bankruptcy do you also take on the bankruptcy?

No, however the person's bankruptcy would be a contributing factor if the couple applied for joint credit such as a morgage.


Can a married couple take out a joint mortgage even if the wife is not working?

YES. AS LONG AS YOUR CREDIT IS NOT HINDERING THE LOAN. THESE DAYS IT IS ALL ABOUT FICO SCORES. E


If your fiancee files a chapter 7 bankruptcy and you get married how will that affect you?

It will only become an issue if you apply for joint credit such as a mortgage, vehicle financing, and so forth.


What is joint credit life insurance?

Joint credit life insurance is money paid to you or your spouse if either of your are ever arrested on drug charges.


If you have about 50000 in credit card debt and have some joint accounts with your boyfriend is he liable?

Yes, but only on the ones that your boyfriend is on (joint credit accounts only).


Do they do a credit check for adding your name to the house mortgage?

Yes, generally all joint financial agreements/contracts require that all applicants submit to a check of their credit history. In a few states the requirements for a married couple are somewhat different.


Can the California ftb levy a joint account in another state.i have a tax bill from california. i am now in Texas and married and have a joint account at a credit union where my husband is the member?

They can and will whether legal or illegal. Are you a billionair? you will loose. Laws do not apply to governement!...


If you filed bankruptcy 4 years ago and your new husband has stellar credit history does your credit have to be checked when applying for a lease?

If it is going to be a joint obligation, then they will check your credit status. If both incomes are not needed to qualify for the transaction, the husband could apply in his name only. Therefore only his credit rating would be used.


Does your credit report show if your married?

If you filled out any applications for credit and said you were married -or- if you have any joint credit with your spouse, it will be on your credit report.


You have bad credit and someone is helping you to bring your credit score up will doing a joint account with you make the person credit rating fall because i have bad credit?

No, the only thing that would affect their credit is the joint account, so just make all the payments on time.


What does it mean a married couple filing a joint tax return has joint and several liability for the taxes associated with the return?

It means that they have joint liability as a couple and also individual liability, so that each one can be charged separately.


Can a credit card company report a deceased individual cardholder's information on a spouse's credit report for debt acquired before marriage?

Another person's credit information should never be on your reports UNLESS you were an authorized user, a joint owner, or in a community property state and the debt was incurred during the marriage. If none of these apply, dispute it with the credit bureaus.