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What happens if you marry a person with bad credit?


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2015-07-17 17:32:36
2015-07-17 17:32:36

When you marry, you become ONE, therefore what's his/hers is yours and what's yours is his/hers. That includes a bad credit report. On the brighter side, bad credit can be corrected (usually within 7 years your record is wiped clean if you maintain accounts). Good luck.

The first answer is incorrect. Each person with a Social Security number can establish credit in his or her name. State law governs whether one spouse can be held accountable for debts the other spouse incurred while married. (Community property / community debt states. Debts before the marriage are not factored in. Your bad credit doesn't affect your spouse at all--unless you co-sign on loans or co-apply.

Kyla is correct - your credit can NOT be affected by a spouse's credit unless you have co-signed a loan, open a joint account, file for a joint bankruptcy, or a tax lien is placed on a joint tax return.


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The person with bad credit pays back the loan that the good credit helped him with in good payment statis. Have payment met on time or a little early will help the person with bad credit. The person with good credit is very generous with his credit. If the bad credit person does not pay on time or falters the loan. the Good credit person will have a problem . Not the bad credit person. Helping someone get back on their feet is a good thing. Make sure that your Good credit is not in jepordy.

Yes, Walmart will hire a person with bad credit. Walmart does not check the credit of a person applying for a job.

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nothing super bad happens, but wrong answers are more prone to being changed, which means that the last person who edited the answer will get credit instead of the person who last wrote it.

If you are concerned about your credit score enough to challenge your marriage, you probably shouldn't get married.

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Not necessarily. However, if you enter into a joint financial transaction such as a mortgage, it may have a negative impact.

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This depends where you are located. If you have bad credit and are looking to buy a car you should do a search with your city and you will find multiple dealerships that deal with bad credit.

People marry because they love one another. They are choosing to be with that person for life, in the good and the bad.

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Nothing happens unless you merge accounts, add each other to previously individually held accounts or merge finances in a way where their poor financial decisions affect you down the road. The act of marriage itself does not affect your credit score. The name change will be reflected on your report the next time your new name is used to apply for credit, a job, or a lease.

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