Marriage changes the life in different ways and some people like to change their name slightly and add the better half's name as a suffix or prefix. Here you have to be a bit careful that you may lose your credit history because of the change of the name. So when you change your name for any reason take care that it is reflected in the accounts so that credit sheet will be updated accordingly.
If you open joint account during marriage make sure that the information is passed to credit reporting agencies. If you are a women and changed your name during the marriage you have the right to have credit report on your own name or on new name or on both names. Decide first on what name you want your credit information report and request the agency as per that desire.
Your marital status shall not be an obstacle in getting the loan as per the rules and no one shall ask about your spouse income when your income is sufficient to get the required loan. If your partner has a legal judgment against him or her it will be reflected on other one credit report and you are liable to pay the debt made with joint accounts during or after the marriage.
If you are not sure about the abilities of money management of your partner then try to have your own credit ratings and reports and make it independent from the partner. This will help you in making your personal report better and it will not be affected because of the other partner mismanagement. Any way divorce is not going to make your financial report better and it shall not be the option to be used as a tool for making better credit report. Put all your incomes together,plan all your commitments and debt to be paid by sitting together and this shall make the life happier. The courts divides debt between the partners and until then creditors will be keep calling and troubling about the commitments that your partner has made.
My Money and Finance blog deals with different topics of credit score issues like Highest Credit Score, savings for retirement and Check My File. It is a complete blog about money management. I welcome your comments on it further.
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