Financial connections

debtfreeby2013

Hi,

Just put my other half on my council tax as we no 'officially' live together. Worried though that this will mean we are financially associated and, putting it mildly, his credit rating is less than desirable. Will they financially link us if we're both on the council tax or will they just assume its a house mate type scenario?

CIS

Will they financially link us if we're both on the council tax or will they just assume its a house mate type scenario?

Council Tax itself has no impact on your credit record at all,

debtfreeby2013

CIS wrote: »

Council Tax itself has no impact on your credit record at all,

Really? I thought council tax impacts the electoral register which shows on the credit report? Ok, if not council tax then what about when he goes onto the electoral register?

YorkshireBoy

Financial associations are created by the opening of joint financial products, typically current accounts, loans, mortgages, etc.

In short, anything that has 'joint and several' liability (if one doesn't pay, the other has to!).

fermi

debtfreeby2013 wrote: »

Really? I thought council tax impacts the electoral register which shows on the credit report? Ok, if not council tax then what about when he goes onto the electoral register?

Neither will create an association.

debtfreeby2013

Brill, thanks all. Want to avoid becoming associated with him for as long as possible. Hahaha.