Marrying a person with a bad credit history wont affect your own credit record. You and your spouse will continue to have separate credit reports after you marry. However, any debts you take on jointly will be reported on both your and your spouses credit reports.Marrying a person with a bad credit history wont affect your own credit record

Does bad credit affect the person or the address?

Can someone else at my address affect my Credit Rating? The good news is that credit agreements are registered to specific individuals rather than to an address and, as such, a previous tenant or other people living at your address shouldnt impact your Credit Report unless you have a financial connection to them.

Is bad debt linked to an address?

Can someone using my address affect my credit score? Sharing an address with someone does not make you liable for their debts. Previous debts associated with your address are also not your responsibility. You can only be liable for joint debts which are in your name, or in joint names with you and someone else.

Does credit go on your address?

Your address doesnt affect your credit score. However, it affects what information appears on your report, which can affect your score. Moving house too often can also make you look less stable, which might discourage some lenders from giving you credit. Credit reference agencies update your address automatically.

What to do if a debt is not yours?

If a debt isnt yours, you can dispute it. You have 30 days to take action on a debt validation letter. If you take no action, the creditor can assume the debt is valid and move forward trying to collect it.

Can I be responsible for someone elses debt?

If you borrowed money with someone else If you signed a credit agreement with someone else, youll be jointly responsible for paying back the debt. If the other person stops paying, the creditor can make you pay the full amount of the debt, not just your share.

How long does being blacklisted last?

This judgment will stay on your report for five years, unless a court of law rescinds the judgment before this time. Paying off the debts that appear on your credit report on time will help you to prevent negative information from appearing on your credit report. It will also help to improve your credit score.

Can my address be blacklisted?

Theres no such thing as a blacklisted address. And there definitely isnt a long list of addresses somewhere that lenders check when deciding whether to lend to you or not. The fact is that it doesnt matter who has lived at your address in the past.

Do you inherit your spouses debt?

In most cases, an individuals debt isnt inherited by their spouse or family members. Instead, the deceased persons estate will typically settle their outstanding debts. In other words, the assets they held at the time of their death will go toward paying off what they owed when they passed.