February 12, 2010

ANNOUNCER:

WILL MY SPOUSE’S BAD CREDIT AFFECT MINE? CAN MY SPOUSE CHECK MY CREDIT SCORE? IF WE GET MARRIED, SHOULD WE BOTH STILL HAVE SEPARATE CREDIT ACCOUNTS?  LIKE IT OR NOT, LOVE AND MONEY ARE AND ALWAYS HAVE BEEN INTERTWINED.  JOINT ACCOUNTS WILL APPEAR ON BOTH YOUR AND YOUR SPOUSE’S CREDIT REPORT, BUT CREDIT REPORTING AGENCIES KEEP INDIVIDUAL FILES FOR EVERYONE SO YOUR SPOUSE’S SCORE ALONE CAN’T IMPACT YOURS.  HOWEVER, THIS VALENTINE’S DAY, MAXINE SWEET, VICE PRESIDENT OF CONSUMER EDUCATION AT EXPERIAN, SAYS SHARING CREDIT INFORMATION CAN HELP YOU AVOID COMMON PITFALLS AND MISUNDERSTANDING.

MAXINE SWEET, VICE PRESIDENT, CONSUMER EDUCATION AT EXPERIAN:

“Sharing your financial histories, including your credit reports, can help to avoid issues that trouble so many couples today. And remember, a bad credit history doesn’t mean a relationship should end but sharing credit histories can show you areas you need to work on to strengthen your relationship and your credit.”

ANNOUNCER:

FOR ANSWERS TO MORE CREDIT QUESTIONS, VISIT WWW.EXPERIAN.COM/CREDIT-EDUCATION.