We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Do I have 'association' regardless of not being on bills nor sharing an account?
BlushingRose
Posts: 1,621 Forumite
Was having a chat with someone today and he said that my credit rating would be affected because I share an address with someone on a DMP (Mr BR) and the fact that we didn't have a joint bank account or any joint bills wouldn't make any difference? Is that right?
One of the reason that we didn't chose a joint account when Mr BR opened his basic account was to avoid my credit rating being affected.
One of the reason that we didn't chose a joint account when Mr BR opened his basic account was to avoid my credit rating being affected.
Our LBM: Dec 2011. DMP started: Jan 2012. Debt at LBM: £41,568
Oct 2012 = Current debt: £40,548.93
Oct 2013 = Current debt: £39.054.70
DMP Support number 424 - Long haul number 308
Oct 2012 = Current debt: £40,548.93
Oct 2013 = Current debt: £39.054.70
DMP Support number 424 - Long haul number 308
0
Comments
-
No, if you have no joint finances whatsoever (accounts, bills etc) then your credit rating won't be affected at all by sharing an address with Mr BR .
0 -
No, if you have no joint finances whatsoever (accounts, bills etc) then your credit rating won't be affected at all by sharing an address with Mr BR .
Thanks. That's what I'd thought but he put doubt in my mind as he seemed very sure.
It's not even that I'm that bothered by keeping mine clean as I'm pretty certain it's black from my past anyway, but after trying to keep finances separate on purpose, it would have been a bit of a pain to discover that it made no difference.Our LBM: Dec 2011. DMP started: Jan 2012. Debt at LBM: £41,568
Oct 2012 = Current debt: £40,548.93
Oct 2013 = Current debt: £39.054.70
DMP Support number 424 - Long haul number 3080 -
Agreed. The person who told you that is wrong.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
Thanks FermiOur LBM: Dec 2011. DMP started: Jan 2012. Debt at LBM: £41,568
Oct 2012 = Current debt: £40,548.93
Oct 2013 = Current debt: £39.054.70
DMP Support number 424 - Long haul number 3080
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.2K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards