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chrisMK
Posts: 6
Registered: ‎08-09-2012

Does wife's bad score affects on the husband's score if the only have a chk acc together

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‎02-23-2013 10:13 AM - edited ‎02-23-2013 10:15 AM

Hello

 

So my friend recently got married but his wife has bad credit score. We were discussing if getting a checking account and filing the taxes together can harm his credit score? So I thought you guys might know something about that?

And if they file taxes together (he is on 1099) is he responsible for her's debt?

























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creditnocash
Posts: 1,916
Registered: ‎07-23-2012

Re: Does wife's bad score affects on the husband's score if the only have a chk acc together

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‎02-24-2013 12:07 AM

chrisMK wrote:

Hello

 

So my friend recently got married but his wife has bad credit score. We were discussing if getting a checking account and filing the taxes together can harm his credit score? So I thought you guys might know something about that?

And if they file taxes together (he is on 1099) is he responsible for her's debt?

as long as he has no loans, lines of credits or cc's with her his credit will not be affected. if he cosigns something and she defaults it would hurt him. 

 

(im not sure about him being responsible for her debt) but i dont think he can be held liable. 

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chrisMK
Posts: 6
Registered: ‎08-09-2012

Re: Does wife's bad score affects on the husband's score if the only have a chk acc together

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‎02-24-2013 02:02 AM

Thanks for the reply.
About the debt, from what I read so far, there are controversies but there more people mentioned they cut on your joint taxes, but considering the benefits of filing together is worth it if it's not a huge debt.
(Just in case u were intrested) :smileyhappy:
























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chrisMK
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Re: Does wife's bad score affects on the husband's score if the only have a chk acc together

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‎02-24-2013 06:54 AM

There are more people that...*
(Sry I was tired)
























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JM-AM
Posts: 3,303
Registered: ‎06-09-2010

Re: Does wife's bad score affects on the husband's score if the only have a chk acc together

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‎02-24-2013 10:19 AM

If they live in a community property state, he may be responsible for her debt.

Good Luck
May all your dreams and wishes become a reality!
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