Is your credit score affected when you get married?

If you are planning to get married recently and you have doubts about creditworthiness then the question that must be haunting you is whether your credit score gets affected after your marriage. This write up attempts to provide you information in this regard but at first you should know what exactly a credit score is and how your credit score is calculated.

Credit score is basically an important number that summarizes your creditworthiness. It indicates your position as a debtor and your reliability towards your creditors. Credit score is obtained on the basis of information available in your credit report. Fair Isaac Company is the premiere company that created the FICO score and is used to calculate your credit scores. In your financial resume, the credit report and the credit score are utmost essential. This is because credit scores are the reflections of your character.

If you are a married couple, you can maintain your own separate credit reports and scores. You can go for making joint accounts but that account information will be included in the credit reports of both people. If you make late payments in a joint account, the scores of both the spouses have a negative effect. If you have got recently married be careful about making your payments on time, because it can have negative effect on the scores of your credit and your spouse’s as well.

[tags]credit score when married,credit score when you get married[/tags]
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