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Joint current accounts and credit rating
Irreverant
Posts: 6 Forumite
Hopefully this is the right place for this posting - I can't see anywhere more suitable 
I have a joint bank account with my girlfriend. She has bad credit rating and mine's good. It was after I opened the joint account that I found out this will create a financial link between the two of us, probably affecting my credit rating.
I now need to open another joint current account in our names for a variety of reasons. Does anyone know if this will have an additional negative impact on either of our credit ratings?
Cheers
I have a joint bank account with my girlfriend. She has bad credit rating and mine's good. It was after I opened the joint account that I found out this will create a financial link between the two of us, probably affecting my credit rating.
I now need to open another joint current account in our names for a variety of reasons. Does anyone know if this will have an additional negative impact on either of our credit ratings?
Cheers
0
Comments
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In my opinion, no. The 'damage' had already been done by the original association created/reported.Irreverant wrote: »Does anyone know if this will have an additional negative impact on either of our credit ratings?0 -
The only negative impact for you will be when the 1st financial link is finally dead and no longer on record, you will still have the second one on file haunting you...0
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