Today's Fri Poll QUIZ: What links your credit file with someone else? Which of these four things'd mean when you apply for credit lender can access & assess the other person's credit history as well as yours?
Answer 5pm ish
Marrying someone
Moving in together
Joint credit card
Joint bank account
Answer 5pm ish
Marrying someone
Moving in together
Joint credit card
Joint bank account
Comments
Having the same full name and date of birth as someone you have never even heard of.
Moving into a property where there are outstanding unresolved utility bills.
Having your mobile phone stolen.
SHOULD all be EVENTUALLY resolved — you hope!
You can't have a joint credit card, only be an additional card holder.
Marriage has no impact.
Tenancy doesn't either. Checks are individually recorded iirc.
I think that's correct!
And these are the bright ones that follow him on Blue Sky.
Moving in together ❌
Joint Credit Card ❌*
Joint Bank Account ✅
You must have a linked financial product where you are both named (eg bank account, mortgage etc).
*Joint credit cards do not exist, there can be additional card holder(s) but they are not responsible for the debt.
All have legal documents attached to doing them.
I don’t apply for credit and I wouldn’t get married or live with anyone.
We have savings and current accounts and with more than one institution.
I know you didn’t make that policy but isn’t it time we had some more equity in finances?