What if your spouse has bad credit?

Five steps to improve and contain a poor credit history.

Rachel Haig 13 May, 2010 | 11:44PM
Facebook Twitter LinkedIn

I previously wrote about deciding whether to combine accounts when you begin your life as a couple. The decision can be a bit thorny under the best circumstances; however, many couples have to deal with a potentially divisive complication: what if your spouse has bad credit?

Don't let your spouse's poor credit history bring you both down. Taking steps to contain your partner's credit blunders is essential to keep your financial options open as a couple, so at least one of you has the ability to secure attractive credit offers, including credit cards, car loans and even mortgages. The last thing you want is for this news to surface while you and your partner are house-hunting, at which point it may be too late to make meaningful improvements.

The following steps can help you get your spouse's credit back on track while ensuring that your own credit stays clean.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free
Facebook Twitter LinkedIn

About Author

Rachel Haig

Rachel Haig  Rachel Haig is assistant site editor for Morningstar.com.

© Copyright 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy