Description

This video by TV360 offers you expert advice on the effect of marriage on your personal credit score.

Transcript

How Marriage Affects Your Personal Credit Score Real Questions Amy: My name is Amy. I’m from Cortland, New York and my question is I’m getting married this year. How will my fiancé’s credit score affect my credit score and how will that affect us buying a new home? Greg Mcbride: Amy everyone has their own individual credit scores. If your fiancés score isn’t necessarily going to affect your credit score. However, if either you or your fiancé have poor credit that will have an impact when you go to buy a home buy a car or do any other borrowing in your life together. So its very important to take steps towards boosting your credit rating as a couple and that means paying your bills on time and paying down debt over time. Those are the key ingredients to building a solid credit history and that will help you for years to come.