A creditor who reports the credit
history of a joint account to credit bureaus must report it in both names.
Not exact matches
Teachers and students students exchange
accounts of their experiences through projects such as the mobile museum and
joint seminars facilitated by Facing
History staff.
By having a
joint account with them, your credit report will reflect the credit
history of that card with that borrower, and can help you to establish a good credit
history.
This is because lenders routinely do credit checks on all
joint account holders or debtors; even if only one person uses the
account or credit card, the credit
histories and scores
of both can be obtained.
, a non-filing spouse will not receive the benefit
of his or her spouse's discharge
of a
joint debt and the
account history of a
joint debt will reflect any delinquency or nonpayment
of the
joint debt by the parties.
Sadly, an angry spouse may try to hurt their soon - to - be former wife or husband by making large credit purchases on
joint accounts with the intent
of punishing the other person with huge debts or wrecking their credit
history.