Should they remove the Financial Associations?

SammenForLivet2

Hello there

I'm asking this for a friend, who's asked me to post this question on here for them.

Q.) She divorced her partner in 2008 and took sole charge of her mortgage (which was in joint names with the partner) in 2010, and has no defaults or late payments. She recently got copies of her credit report, after seeing a show on Identity theft - but thankfully, her reports seem fine. However, financial associations are still showing on her credit report with her partner. Her partner (in her opinion) has no money problems and probably has an average credit file.

Would she be better asking the report agencies to remove the financial association or should she just leave it on, in terms of her (virtual) credit rating?

Tixy

If they are no longer financially associated then she would be better to remove it.

He may have issues that she is unaware of (even if not major financial issues he could still have negatives on his file - e.g a default from a forgotten bill or similar)

ValHaller

macfamilyent wrote: »

and took sole charge of her mortgage

Do you mean

• A Transfer of Equity was used to take her ex completely off the deeds and the mortgage
• Or she has been paying the mortgage in full herself

If it is the latter, then the financial association with her ex is correctly reported - and she would need to do the former