Marriage and credit score has a good relation and you will be in spending spree during and after marriage.This is going to effect your credit score and credit report and you shall take care of this aspect of marriage.
Change of name after marriage is a important issue and you have the problem loosing all your credit history with your old name.Take care that you have informed the change of name with your agencies.You have a right to have your both names and reports.
To keep good credit report and credit score both the couple shall plan carefully about spending and paying them back.Budget your income and forecast it for the future.Spend as per that and doing it more than your ability will cost your financial peace of mind.
If joint accounts are opened during the marriage you shall inform to the people regarding this and they will be reflected in the credit reports.No one can deny a privilege to reject a loan basing on your marital status. The debts that you have made under joint account are for both of you and you are liable for that.
As a couple both of your responsible for money management and a bounced check will be reflected on both of your accounts.If you do not want this happen ask the reporting organization to keep a separate history for you and it is maintained on your personal name.
Investing in long term and daily needed things like mortgage,car,insurance is a good way of investing and spending money for parties and luxury shall be done occasionally to cope with money issues.
A new marriage shall be started with a good note and to have good relations with partners you shall discuss and plan your expenditures and investments.This makes the family,children as well as future a happy experience.Related Posts
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