New Visitor
Posts: 1
Registered: ‎06-12-2007

Increasing spouses score

I have good credit. My wife has poor credit. Will putting her name on my credit cards help raise her score, or lower mine? I still don't know much about mortgages, but we need to buy a house and I need to use her income. First home too. So we can't even come up with 5% for a stated loan. Please help.
Moderator Emeritus
Posts: 6,182
Registered: ‎03-29-2007

Re: Increasing spouses score

Welcome... Adding her as an AU is only a temp fix. You should focus on cleaning up her credit. Can we get more info on what is on her reports?
Super Contributor
Posts: 8,157
Registered: ‎03-25-2007

Re: Increasing spouses score

I am trying to clean up both my CR and my wife's.  Because it was convenient, in the past she has been just an AU on my accounts.  As that is going away in terms of her credit score, and in case I get run over by a truck, I am in the process of making her a co-signer on everything.
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+