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| *The Commerce Journal>>>Credit |
Joint credit card for a married couple? |
Hello, my husband and I are thinking about buying a house and working on raising our credit scores. He hurt his credit pretty bad in the past and still has only cards with a low limit, his FICO score has been raising, slowly but it has and now is in the mid 600's. I was thinking of getting a joint credit card - that would raise his credit-worthiness, and hopefully raise the score. But, wouldn't it hurt my score? (I keep my credit card balances at about 10 % and my credit is over 700), or adding him to my high-limit card, would that help?... Thank you. It would certainly help. Understand that you have to have one and keep in in good standing for several months before the Experian and the other credit companies feel it is significant. maybe it might be a bad idea and might course arguments because you will be stressed about getting into debts but if you think you can manage it be very sure before you decide Before saying it is okay, I would want to know: I really don't see the purpose of having a joint credit card to begin with. Talk to some loan specialist, there are loans out there that can help you out. The interest rate might be a little bit higher, a you can make payment every two weeks instead of once a months. Don't add him until you talk to someone who understand the loan. And do you have any idea on how much you want to spend on the house? |
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That company is a joke. I can do the same for free. Just call up the 3 credit bureaus and place a fraud alert good for 3 months and it is free. Or if you wont need credit to buy anything they free... No it will not hurt your credit report at all. Many of those fraud alerts are a waste of money though. ...Never use a debit card abroad. You will get charged everytime and often pay a commision, whereas on a credit card there will be no charge and a better rate of exchange. Choosing a credit card is a ... a trip to Scotland. ...Auto finance is what I do for a living and if disputing the account doe's not work you should still be able to be approved for a auto loan. Find a dealer that advertises Special Finance and... No, your credit rating is not damaged by keeping a balance in a debt and paying it on time with interest. What gets damaged is your bank account because the interest is steep and not tax deductible... You will not find a bank that will not use Checksys. However, many credit unions do not use them. Try going that route. ...Since it has already hit your report, then it has already affected your credit rating. I would suggest you contact your physician's business office and see how little they can take in payment... |
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