A reader named Jarrod Foley recently asked us a question regarding how getting married impacts your credit.
“My fiancé has a terrible credit rating, will getting married merge our credit reports together and hurt my credit score?”
– Jarrod Foley, Seattle WA
This is a great question!
Marrying someone with bad credit will not lower your credit score, your credit reports will not be merged, and your credit score will not be impacted at all.
A consumer credit report is furnished on an individual basis. All of the information reported on your report pertains to one person, you. Accounts in your fiancé’s name will not be reported to your credit report unless they are joint accounts in both your names.
So if you’re not legally responsible for any of her debt, these accounts should never report to your credit file.
But that doesn’t mean that you can just forget about your fiancé’s bad credit altogether. Although her credit will not impact your credit score, her credit will impact the interest rates you qualify for if you decide to buy a home or car together. And higher interest rates mean higher monthly payments.
Be proactive, help your fiancé get her finances in order and work on repairing her credit report.