Being in a marriage with good and bad credit
213251
and two became one, yep.  you inherit the wealth, unfortunately, except you will still have 2 individual credit scores.  i was in the same situation, it was hard getting our house cause he made more money but had the credit problem, but as long as everything is paid to date, and the credit bureaus have been updated most places will look at that and take it into to consideration, you should be ok.  if he still has bad credit and outstanding bills, try to pay them off and close them yourself, it looks alot better than if they close them for you.  and even if you couldnt pay them off, sometimes calling them, they will make a settlement amount and you could be better off then if they take it to a collection agency, ive been through this, im soooooo glad thats over.  i bet you werent to happy with him about this, just try not to yell at him about it, he probably already feels bad enough, just work with him, and you be in charge of the finances.  good luck.
384643
Ok, stop, think and breathe, and breathe again.\n\n1.  Call each credit card company and ask them for help....they have a vested interest in helping you.\n\n2.  Tell them you intend to pay each and every one of them.....ask again and again for the lowest interest rate possible, and for a good payment plan that works for you.\n\n3.  Ask each one for help to keep the payments low.\n\nYour statement is confusing because you discuss your husband....sounded like the problem, or your sister's situation.\n\n........Ask and you shall receive....and pray always!
556177
What if your husband could put some more hours in to support you while you attended school? Also, you mentioned on another page you work with credit, so I'm sure you could find ways to obtain a loan during that time. Final option: downsize. Too many people voluntarily join the "rat race" with their monthly payments on a nice car, nice house, and other items that aren't necessary.
4755
Credit counselors probably would help.\n\nYou might find the book below to be useful.\n\nNow is the time to straighten out your problem before it becomes overwhelming!!
368168
If married no problems but if just living together DO NOT have a joint bank acct,,,,Keep your money in your name and protect your butt,,,everything should be  split, 50/50 including sex,,,,smiles, Good Luck ps Money causes more problems than  any other subject and mode of living,
63139
I have always believe that when two people get married the finances should be combined and both should have equal access.  I make twice the money of my wife but I trust that she is smart enough to have equal access to the money.  She still maintains a small seperate checking account that we put some money into each month so that she can buy stuff, especially presents for me without me knowing what and how much, plus it makes her feel more comfortable.  But the majority of our money is in a joint account that she has full access to and that I encourage her to use.  When you divide money up based upon who earns what I think the relationship is destined to fail.  How can you be truely committed to a relationship if your holding on to your money to protect yourself?  When you really love someone you don't try to protect your self from them or the posibility that your relationship will fail.  To do so is admiting that it will fail.  Your other points are equally valid, it is in the families best interest that you have equal access to all funds in case of an emergency.  Your name should also be on the titles of all cars and houses and on every credit card.  I also think it is important that you take time to look at the accounts on a regular basis.  There are so many horor stories out there of one spouses problems bankrupting a whole family and the other spouse had no idea that there was a problem.  And on a final note, just because you want to stay home with the kids that doesn't make you any less important.  By taking care of the kids you are saving your family huge amounts of money without you ever being paid for it.  If he has to keep his money seperate then tell him you want an account and that he has to pay into it each month the amount that you would normally have to pay for child care plus what your not recieving from a normal job.
432637
Absolutely not! Believe me, if you start paying off his debts for him, this will not be the last time it's asked of you. My friend fell into this with her ex-husband, and by the time she finally got wise, she had had to file bankruptcy and her credit was destroyed. Now he has moved on to another woman and is following the same pattern. I urge you not to do this. The point is that he may say he would do it for you, but you are not asking him to. I would be the one reconsidering this relationship. The truth is that if HE loved YOU, he would know better than to even ask. Good luck to you. You deserve not to do this.\n\nOne more thing: If you do go through with marriage to this man, please keep your finances separate from his. He WILL hurt your credit and your chances of ever getting free if you need to.
381956
I'm not sure what exactly to tell you but i definitely think he shouldn't blame everything on you. Sure, being married means you might go through financially difficulties but you are suppose to go through things like that together. And since he gave you the ok that you needed, he is just as much responsible as you are.\nI bet you have already talked to him, right? Because everytime somebody posts a question there's always somebody that says "Talk to him". What did he say? It sounds like you are just accepting it the way it is. \nAnd yes, there's always a Saver and a Spender. I can say out of my marriage, i know i'm the spender and my hubby is the saver and i also know i'm the loud one and he's the shy one. But they say 'Opposites Attract'.\n\nAnyway, to come to an end...\nHe should have agreed that it was his fault, too. I think he is the one that made a mistake. You've admitted you would've done it different if you knew this would happen.\n\nI hope i helped you at least a little bit. Don't feel too guilty about it, remember, he gave you the ok about the money. I think he needs to think about what he said and that he never stopped you from getting the money for the remodeling.
365100
Bad credit is one of the worst problems to have... however there exists a solution.\n\nI will hereby talk from my personal experience.\n\nI did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,\nif someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,\n\na good place to start in my humble opinion is astraight to the point ebook with question and answer I found :\n\nhttp://umgarticles.atspace.com/debt-consolidation.htm\n\nif it helps kindly remember me in your voting!.. cheers!
598613
Man do I disagree with most of this advice!\n\nFor starters, any debts that occured before you got married are not suddenly "shared" with you.  They are his debts.  The way it's going to effect you is if they (for example) try to repo the home or car.  If you are living there, you lose the home.  But what else did you expect?   It's his home, bought under his credit.  \n\nNow, if you come into this marriage with your home/car they can NOT touch it.  His name is not on the contracts, and in most states they can not place a lien on it unless his name is jointly on it.\n\nYour credit does remain uneffected.  Any property you own (unless in a community property state) is still yours and can't be touched by his creditors.  \n\nWhen I got married, my wife came with a lot of "debt baggage", and creditors were hounding her something terrible.  But I know the law!  I put an end to that harrassment, and they couldn't touch ANY of my property or hurt my credit at all.\n\nI spent the next 2 years rebuilding her credit by co-signing on credit cards and a car loan. Now her credit is better then mine!  \n\nI will suggest that he get the bankruptcy before you get married so you can get a fresh start as soon as possible.
541256
Hello,\n\nBecause you got 1 bad mark on your credit history, you will probably still get credit. However, you will not find it as easy to get credit as someone who didn't have that bad mark; and you will pay a higher interest rate. This is because you proved that perhaps you aren't 100% trustworthy in repaying the debt.\n\nNow, the telephone company has probably written off the debt; if you contact them to pay the bill it won't affect your credit rating; they will just be getting the money you owe them.\n\nThe only way to improve your credit rating is to get credit and repay it on time and in full.\n\nYou should just try to get the car refinanced now you are married and hope that they give you a chance to redeem yourself. Just make sure that you have enough money to afford the repayments, or you will be making your credit history even worse.\n\nThanks
161560
First before you sell anything cut those credit cards up and stop using them now. That is how so many people get into debit in the first place, if you don't have the money to pay for it than you really don't need it right?? Second you are thinking of these rings and stuff as objects, which they are but do they not hold memories of the times that you and your husband spent together, the reason that the ring was given. It maybe just jewelry, but look past and see what they really mean. Try before that to get help with your debit, call and see if you can consolidate your bills, they now have debit councilors to help people like yourself, but remember get rid of those cards and that will start you on the right road. Good Luck and please don't do it behind your husbands back that could hurt more than your credit, it could hurt your marriage. Talk to him if that is the way that you think that you need to go.
201365
My boyfriend and I recently applied for an apartment together. He had decent credit, but I had none at all. We were still approved for the apartment. It not only depends on your credit, but your income as well. A lot of places have a minimal annual income to ensure you'll make enough to pay rent. If your bad credit prevents you from getting into an apartment, have just her name on the lease, or have someone with good credit co-sign for you.
163045
Was the chapter eleven filed by your husband before or after you were married? If it was before you were married you may be able to have that noted on your credit report. Having said that, more and more companies are paying attention to credit reports as a way to thin out persons who may not be able to be responsible with money management. This does not mean that this is you. But you do need to understand that the type of jobs you keep applying for may fit this profile.  Try looking into government positions. Most do only a background and not a finacial report (which does not say much for the government). Do look at your own credit report. If it is poor, than find a way to build good credit for yourself and encourage your spouse to do the same. Financial counseling is a good start to overcome your distress.  Good luck!
24157
My husband and I had the same problem two years back for the same reasons. We tried everything, even those ads that say they will loan you money with bad credit. It was a scam and we were out a few thousand dollars so be careful of those. We eventually found a person who was willing to do a land contract or lease to own. We leased the house we are in for two years and then when we bought it the money we paid in rent those two years was the down payment on the house. We went through his Credit Union and it was a fairly easy process. He was a HUGE help to us. So I would suggest that route if you can!\n Good luck and I hope all works out for you!
442316
Divorce doesn't ruin credit.  Take some responsibility.  Your credit is ruined by not making your payments on time or taking on too much debt.\n\nNow you are looking for even more debt.  \n\nNot a good sign.  Get a second job and cut your expenses.  Use the extra money to SAVE $5000 (wow, what a concept, actually SAVING money for something).\n\nOr start selling stuff.  Start with your computer, your furniture and your cell phone.  Nothing wrong with a mattress on the floor when you are broke and desperate.\n\nLife is rough when you are broke.
216211
This can be a very big issue. A lot of marriages end over money issues. You two have GOT to sit down, put aside all specific issues at first, and concentrate on coming to an agreement on how you both are going to handle financial situations, especially large purchases. You have to come to an agreement on how the one will ask the other and define each of your boundaries. Then agree on how you will compromise. Above all, agree that you will first respect one another. Lay down the selfishness. THINGS are never as important as PEOPLE, especially the person you married. This said, it stands to reason that things should never come before each other. After you agree on how to communicate and compromise, then introduce specific issues.