My fiancee and I are getting married. Of course.
My credit isn’t all that great, but hers is worse (car repo). How will our getting married affect my credit?*
I’ve looked online for info, so anyone who knows how it operates in Florida, I’d really appreciate it.
*This was her concern, not mine. I don’t really care, although I should pay more attention to that sort of thing
All credit files are seperate. If you apply for credit together, you get two credit reports and anyone reviewing it will, too…along with two scores.
Being married has zero affect, although there might be a mortgage company or insurance company that uses their own credit score and they might give this some consideration.
Philster, being an industry insider of sorts, speaks with absolute authority on this.
I spent years religiously following a credit rating and report ‘forum’. We got this question about once a month over there.
Not once did I see any evidence contrary to Philster’s statement.
Incidentally, if you’ve not already, I would ask my beloved to let you review all 3 of their credit reports. I’d also pull a criminal background check, unless this is a high-school sweetheart you’ve known since elementary school.
We’ve been together for 4 1/2 years. I already know her criminal record (and of the baby picture in the FBI files – her parents were Vietnam-era seditious types, hiding anti-government writings in her crib).
Thanks, Philster, for your help. That was the one (mutual) concern that was getting in the way of the wedding. Now to find a Chinese Elvis impersonator with a minister’s license…
If I may revive and ask a related followup:
I’m in a similar situation as the OP. I have three credit cards and my financee has three. I have better credit, so the APRs on my cards are better than hers. Would it help her score to pay off her cards, leave them dormant, and put her on my cards? Or won’t it matter? Are there other things we can do to improve her score, besides the usual single person tricks?
The traditional SDMB way of handling your situation would be to start a new thread.
Makes for easier reading.
If needed, you could just have LINKED to this one.
Your ideas, incidentally, are basically sound, assuming everyone involved is trustworthy, both personally and in terms of book-keeping talent.
I’d suggest retiring one or two of her youngest accounts if possible. Continue to occasionally use her oldest, perhaps for small purchases, and pay it off every cycle.