Joint loan with husband

Bobby_Ray

My husband and I want to get a joint loan. Are there any pitfalls to this from the credit agency's perspective?

Which lender is best for joint loans and does a joint loan improve your eligibility?

Thanks a million.

[Deleted User]

A joint loan will allow you to use both incomes, but you'll be dragged down by the partner with the poorer credit history.

May not be an issue for you, but I wouldn't go applying for loans with someone with a CCJ for example.

CLAPTON

Bobby_Ray wrote: »

My husband and I want to get a joint loan. Are there any pitfalls to this from the credit agency's perspective?

Which lender is best for joint loans and does a joint loan improve your eligibility?

Thanks a million.

I guess it depends upon how much you want to borrow, how much you both earn and what your debts are and what your credit records say about you both

DCFC79

Whats the reason for the loan ?

DCFC79

No it isn't to do with me what you do with money but maybe if you were to say the reason for the loan then maybe you might get an answer if the application were to be successful or not but since you took the tone you did maybe that wont happen.

Oh and your Noddle credit score is so taken into account for loans.