Marital finances/credit history question.

Marital finances/credit history question.
by

1 Answer

Answer :

No. The three credit bureaus in the US look at individual’s credit; not married couples an in individual entity. If a couple has a joint debt, like a home purchase; the debt shows up on each individual’s credit report.
by

Related questions

Did your parents teach you about finances?

Description : Did your parents teach you about finances?

Last Answer : They gave it a shot ;)

How do I start being a responsible grownup with my finances?

Description : How do I start being a responsible grownup with my finances?

Last Answer : Okay, baby steps. incidentally, I have BOA too and they're okay by me, when compared to my previous banks My initial advice to you would be to try to eliminate all credit cards in your life and work ... put about $500-$1000 initially and don't touch it, keep adding to it it has a good return yield.

What do you do to stay on top of your finances?

Description : What do you do to stay on top of your finances?

Last Answer : I’ll let you know when I get my income back up above expenses. Right now I’m in constant firefighting mode, putting out one brush fire bill while the flames of the next are lapping at my rear end.

Best knowledge to have for managing ones personal finances?

Description : Best knowledge to have for managing ones personal finances?

Last Answer : answer:Don’t spend more than you have. Simple. oh and try to save something every month.

Credit card/credit question.

Description : Credit card/credit question.

Last Answer : I would just ask the bank,or the credit company the card was issued under, BUT if I had to guess I would think you would have to use it somewhat, but why not, just don’t go nuts and make sure you pay it off completely every month and your credit will soar.

(Yes, yes, I've procrastinated.) Can you help me with a TurboTax question re: new car credit?

Description : (Yes, yes, I've procrastinated.) Can you help me with a TurboTax question re: new car credit?

Last Answer : answer:It would appear that the requested input is any tax that you have already paid on the vehicle, such as sales tax or (perhaps) a registration fee that is based on the value of the ... file an extension request instead of your tax return by April 15, and the first extension is automatic.

How do you refinance mortgage w/ bad credit now after finances change do to lost of job 2 years ago. found knew job about 3 month after but pays less.Asked about modification w/mortgage company said they don't participate. ?

Description : How do you refinance mortgage w/ bad credit now after finances change do to lost of job 2 years ago. found knew job about 3 month after but pays less.Asked about modification w/mortgage company said they don't participate. ?

Last Answer : Just because your mortgage company say they don't refinance does not mean you should stop. Make a list of the places that do participate and apply there to see if you can get the help you need.

How will a consolidation loan effect my finances with $20,000 in credit card debt?

Description : How will a consolidation loan effect my finances with $20,000 in credit card debt?

Last Answer : A consolidation loan will pay off all of your bills and give you one payment. This program will only really work if you cut up your credit cards and have discipline.

What is a credit counseling agency that can help me with finances?

Description : What is a credit counseling agency that can help me with finances?

Last Answer : Credit counseling can be found at many government agencies. Locally, your personal banker may be able to direct you to a reputable credit counselor or coach.

What is meant with libor rate history in finances?

Description : What is meant with libor rate history in finances?

Last Answer : Libor rate history in finances is a common interest rate index, which is used to adjust adjustable mortgagee rates. The importance of libor rate history when referring to finances is important to investors as well as business owners who are a part of the indexes.

Would you help us settle this mild marital disagreement were are having about turn lanes?

Description : Would you help us settle this mild marital disagreement were are having about turn lanes?

Last Answer : It sure sounds like a turn lane, so I am with you. It Sure as heck should be marked though. I think you should be contacting the city and asking them why it is not marked. If your husband does have an accident, I should think them being unmarked would be a good argument in court for him.

Why do men with beautiful, intelligent wives have extra-marital affairs?

Description : Why do men with beautiful, intelligent wives have extra-marital affairs?

Last Answer : they don’t. unless you are a celebrity and then the field of opportunity widens. yeah, i love her, but this nice little piece on the side all up in my face i must take advantage of the moment.

What are some of your tricks to resolving small marital issues when you need to take your S/O's personality into consideration?

Description : What are some of your tricks to resolving small marital issues when you need to take your S/O's personality into consideration?

Last Answer : She rants, I sulk. Over and done with.

Would you ever have marital relations while visiting your grandparents?

Description : Would you ever have marital relations while visiting your grandparents?

Last Answer : You are married, it is an ordinary part of married life, just as grandma and grandpa experienced it.

Ladies, do you consider the lnternet bride a threat to your marital status?

Description : Ladies, do you consider the lnternet bride a threat to your marital status?

Last Answer : No? But I’m a lesbian.

What is Marital Rape?

Description : What is Marital Rape?

Last Answer : Marital rape is the act that happen within a domestic surrounding with spouse or someone whom someone have married.it can also be included in domestic violence in India. This is termed as rape because ... in any means. this happens when a woman refuses to have sexual intercourse with her husband.

If people have extra marital affairs then why do they get married?

Description : If people have extra marital affairs then why do they get married?

Last Answer : Why do people get married? They get married because they feel they are meant for each other. That's the reason everybody has, but I think people marry so that they are not alone, or for companionship, ... you will have to hold in your family because there will be no reason for you to go out.

When analysts in Western cultures use the word fundamentalism in connection with the Middle East they primarily mean . (Select only one answer) a political system the church marital society the world?

Description : When analysts in Western cultures use the word fundamentalism in connection with the Middle East they primarily mean . (Select only one answer) a political system the church marital society the world?

Last Answer : You need to answer this question because your teacher is lookingfor your critical thinking skills not ours. This is homework and wedon’t help you cheat.

Establishing financial security has been identified as a developmental task of which of the following groups? a) Middle adult The middle adult’s tasks also include launching children, and refocusing on one’s marital relationship. b) Older adult The older adult’s tasks include adapting to retirement and declining physical stamina. c) Young adult The young adult’s tasks include establishing a lifestyle and independence. d) Teenager The teenager’s primary developmental tasks include developing an identity and intimacy.

Description : Establishing financial security has been identified as a developmental task of which of the following groups? a) Middle adult The middle adult's tasks also include launching children, and ... . d) Teenager The teenager's primary developmental tasks include developing an identity and intimacy.

Last Answer : a) Middle adult The middle adult’s tasks also include launching children, and refocusing on one’s marital relationship.

Family life cycle is most likely to be based on: A)buying power and gender B)geographic location and family size C)marital status and age of children D)occupation and marital status

Description : Family life cycle is most likely to be based on: A)buying power and gender B)geographic location and family size C)marital status and age of children D)occupation and marital status

Last Answer : C)marital status and age of children

Which of the following is the most correct statement about the relation between marital status and the personal social adjustment of teachers? Options: A) Empirical evidence favours the married teacher B) Empirical evidence favours the single teacher C) Marital status favour married male teachers but single female teachers D) Marital status bears no relation to adjustment

Description : Which of the following is the most correct statement about the relation between marital status and the personal social adjustment of teachers? Options: A) Empirical evidence favours the married ... married male teachers but single female teachers D) Marital status bears no relation to adjustment

Last Answer : A) Empirical evidence favours the married teacher 

Which of the following variables cannot be expressed in quantitative terms? (A) Socio-economic Status (B) Marital Status (C) Numerical Aptitude (D) Professional Attitude

Description : Which of the following variables cannot be expressed in quantitative terms? (A) Socio-economic Status (B) Marital Status (C) Numerical Aptitude (D) Professional Attitude

Last Answer : (D) Professional Attitude

Where is the site in which you can pay to have your credit score raised?

Description : Where is the site in which you can pay to have your credit score raised?

Last Answer : Fraud scam !

How do you get your credit score to 800?

Description : How do you get your credit score to 800?

Last Answer : If you don't want to open more credit cards you could try to just get your credit limit raised on the card you already have. For instance if your credit limit is currently $5K on your visa, see ... in full, that you currently have transactions not paid counts. It is not just about paying on time.

Why are the ATM machines still busy, if people can pay with credit card, and debit card just about any store nowadays?

Description : Why are the ATM machines still busy, if people can pay with credit card, and debit card just about any store nowadays?

Last Answer : It doesn’t cost me anything to use the ATM at my bank. And sometimes I just want to pay with cash. If I’m out with friends, I pay my share with cash. At strange gas stations away from home I prefer to pay with cash. Buying a quick donut or sandwich, cash.

Can you be arrested for credit card debt?

Description : Can you be arrested for credit card debt?

Last Answer : answer:You won't go to jail for it. You could be fined for not paying the bills on time. It will certainly affect your credit rating. I would contact the credit card company, they may allow you to ... now (which takes the funds directly out of my bank account). All I ever pay is a transaction fee.

How long will it take to go from no credit to awesome credit?

Description : How long will it take to go from no credit to awesome credit?

Last Answer : A while, but use that to your benefit. Save. To establish credit you will need to open up a credit card and charge something to it regularly but pay it off or keep a low balance. If you need ... Make sure you steer clear of any and all store credit programs. Try to go through your bank if possible.

Can some one educate me on Earned Income Credit?

Description : Can some one educate me on Earned Income Credit?

Last Answer : answer:From IRS.gov: EITC Income Limits, Maximum Credit Amounts and Tax Law Updates 2014 Tax Year Earned Income and adjusted gross income (AGI) must each be less than: $46,997 ($52,427 married ... you for EITC, see Qualifying Child Rules or Publication 596, Rules If You Have a Qualifying Child.

Do you bother to sign your debit/credit cards anymore, if you ever did.

Description : Do you bother to sign your debit/credit cards anymore, if you ever did.

Last Answer : No, I just scribble on the line. No one has ever questioned my about my signature.

Is it generally better for your credit score if you pay off old debts or if you file for bankruptcy?

Description : Is it generally better for your credit score if you pay off old debts or if you file for bankruptcy?

Last Answer : Better to pay off. Bankruptcy puts a big mark on you credit report, no one wants to get left holding the bag when you opt out of your debt. Bankruptcy takes the legal obligation away, but does not clear your record.

How long should I wait before requesting a credit line increase on my credit card?

Description : How long should I wait before requesting a credit line increase on my credit card?

Last Answer : I would wait at least 6 months, possibly a year. You don’t want to be turned down for an increase—that would impact your credit score. Be sure to use the card regularly and pay it off on time every month.

Who paid for the fraudulent charges on my credit card? and how do they know I didn't visit the strip club?

Description : Who paid for the fraudulent charges on my credit card? and how do they know I didn't visit the strip club?

Last Answer : You were probably not the only one who was scammed. Often, they just don't pay the company where they charge was made, and sometimes they eat it. I cancelled a hotel reservation and was still charged ... for me I would cancel my credit card. American Express chose to eat it and keep a good customer.

If I pay a lump sum settlement will my credit score improve?

Description : If I pay a lump sum settlement will my credit score improve?

Last Answer : Usually it says paid in full for less than the full amount. (or something like that .) It might look better to some creditors and it might raise your mysterious FICO score by a bit, and it will ... last transaction, so if you pay the settlement, it will be seven years from the date you paid it.

Would raising your credit limit negatively affect your credit rating/score?

Description : Would raising your credit limit negatively affect your credit rating/score?

Last Answer : I'm not 100% sure about this, but every financial guidebook I've ever read said to keep getting your limit bumped every year if you need it or not. If it were harmful to your credit, I don' ... be so widely advocated for. Therefore, my best guess is that it's neutral/beneficial to your credit score.

Should I get an account at a credit union/bank or just manage my money with an account?

Description : Should I get an account at a credit union/bank or just manage my money with an account?

Last Answer : answer:Banks/Credit Unions are safer. Credit unions have great programs that will earn you interest. Here's the problem: The money sitting in a jar under your bed (or wherever) is actually decreasing in ... funds in a savings account at a minimum, but an IRA or some other investment is even better.

What do you think about opening and closing credit cards for the initial sign up offers?

Description : What do you think about opening and closing credit cards for the initial sign up offers?

Last Answer : I know that closing lines of credit does cause your credit score to go down because you have less available credit. So, for that part of it, it will cause your credit score to drop when you close the ... of the benefits or not being able to use the benefits until you've had the card for a year.

Who has the best secured credit card offer?

Description : Who has the best secured credit card offer?

Last Answer : Your local credit union. Support local businesses, especially your credit unions!

Can credit card companies take your home ?

Description : Can credit card companies take your home ?

Last Answer : mickhock What does your latest credit agreement with the Credit Card company say? The fine print may say that they can seize any items purchased on their card. Or if the amount is large and you have no other assets they could force you into bankruptcy.

How do you get start up capital for a new business with bad credit?

Description : How do you get start up capital for a new business with bad credit?

Last Answer : Pretty much your only options other than traditional financing are to find a money partner or save it up yourself.

Do you think it's a tad unwise to buy (relatively speaking) unneccesary stuff on credit?

Description : Do you think it's a tad unwise to buy (relatively speaking) unneccesary stuff on credit?

Last Answer : Yes. The only things you should buy on credit are things you can’t save up for in a reasonable amount of time, and are essential to live in today’s modern world, like a house and a car. Everything else, if you can’t afford it, do without it until you can save up for it.

Is there an actual way to see my credit score for FREE?

Description : Is there an actual way to see my credit score for FREE?

Last Answer : No, your credit report does not contain your credit score. No, you cannot get your credit score for free. You can sign up with various companies that will let you view your credit score by way ... report from each of the three main credit reporting bureaus once a year, for free, from the government.

What should I look for in a good credit union?

Description : What should I look for in a good credit union?

Last Answer : I can only recommend the one that i use, Old Hickory Credit Union, in Tennessee. go to their website and see why i have been a customer for many years. i think you will be pleasantly surprised.

Why do banks care if you use debit or credit when paying with your bank card?

Description : Why do banks care if you use debit or credit when paying with your bank card?

Last Answer : The law protects you if you use a credit card for purchases. You are not liable in case of fraud, etc. The bank must pay or go after the company, and you have limited liability. With a debit ... like gasoline or groceries. Instead, use your debit card to pay bills you are sure you owe, etc.

I'd like your opinion on which you prefer and why. Bank or credit union?

Description : I'd like your opinion on which you prefer and why. Bank or credit union?

Last Answer : answer:The only advantage of a bank for me is free ATMs are everywhere. Otherwise, my credit union is superior. Higher rates when they pay me interest. Lower rates when I pay interest on loans ... . I phoned the automated system, paid $500 from checking to Visa, and the transaction sailed through!

Can I Put Money In paypal Without an bank account/credit?

Description : Can I Put Money In paypal Without an bank account/credit?

Last Answer : no it has to be linked to credit card- I think a prepaid card works but when I opened a paypal acount it asks for your bank account info

Ability to repay credit: Consumer and Creditor responsibilities?

Description : Ability to repay credit: Consumer and Creditor responsibilities?

Last Answer : I think it’s the consumers job to know what they can afford. It’s pretty simple math.

Does having only a debit card do absolutely nothing for establishing credit?

Description : Does having only a debit card do absolutely nothing for establishing credit?

Last Answer : It sounds like you need to get a credit card. Just pay most of the balance off every month (I think keeping a small balance is better than paying the entire balance off every month, but I'm not 100% ... . If you have a cell phone bill, rent, utilities, etc., that's another way to establish credit.

What spending/payment habits are best to establish credit with a credit card?

Description : What spending/payment habits are best to establish credit with a credit card?

Last Answer : Well, dang. I only looked on the first two pages of the search. This has been asked before, but I really don’t understand credit-to-balance ratios. Can someone simply give me an example of, say, 3 months of use of a card that would maximize benefits to one’s credit?

Child Tax Credit?

Description : Child Tax Credit?

Last Answer : If you look at the bottom of the link you posted, there is a link to pub 972 which has a worksheet. Basically, you take 110k off whatever your AGI is, so let's say your AGI is $130k. You take ... Or for any number inbetween there, you basically lose $50 of the credit for every 1,000 in income (5%).

What are some good ways to start building credit?

Description : What are some good ways to start building credit?

Last Answer : firstly your age is going to go against you i would imagine unfortunately, and there's not a lot you can do about that for a while . make your first priority to stay out of debt and if you are ... for doing so regular savings in a savings account? hope these ideas might be of use and good luck!!