housewife with no credit score

deb660

I have been married for 20 years and everything is in my husbands name. I am a homemaker and therefore have no income. My husband earns good money and I don't claim any benefits. How do I create my own credit file so that I can build up a credit rating should anything happen to my husband?

ashp_2

It's hard to get credit if you have no income to pay it back.

Do you and your husband have a joint account? Does your husband give you any spending money?

Gaz83

You could apply for a credit-building credit card. Use it to make small purchases and pay it off in full each month.

That being said, if you have no income, you might struggle to get even one of them.

ashp_2

Gaz83 wrote: »

You could apply for a credit-building credit card. Use it to make small purchases and pay it off in full each month.

That being said, if you have no income, you might struggle to get even one of them.

I was thinking a credit builder card also. If there is a joint account or money being paid into the OP's own bank account front her husband it may be possible.

Another option could be to see if your energy provider reports to the CRA's and if so it could be an idea to switch this in to your name. A contract mobile phone may also be an option although I would not do this unless you have a requirement for one!

Ideally a credit building card would be your best option. Spend a little each month and pay it off in full each month.

deb660

Thank you for all your thoughts.My husband does give me an allowance but even with that I couldn't get a credit building card. Interesting thoughts on energy provider, maybe we could give that one a go.

Gaz83

It's also worth pointing out that, even with a credit-building credit card, having a credit rating in case something happens to your husband isn't going to help. Unless you have an income to repay anything you want to borrow, no lender is going to touch you.

Arleen

Well, there is one card you should be able to get for sure, the secured card from capital one: http://www.capitalone.co.uk/support/faqs/secured-card.jsf

Given that you have to give a deposit in the size of your limit, it's very much risk-free for them and I can't imagine why would they turn away anyone for it.

deb660

Thank you, I will definitely try that to start with.

GingerBob_3

deb660 wrote: »

Thank you for all your thoughts.My husband does give me an allowance but even with that I couldn't get a credit building card. Interesting thoughts on energy provider, maybe we could give that one a go.

I would not recommend it. Utility and mobile phone providers have a poor record of corrupting people's ability to obtain credit. This is generally caused by malicious reporting as a result of mistakes or oversights - by both parties. You could end up being blacklisted before you even start, so to speak. I would stick to real credit providers - those that lend money. Try one of the credit cards suggested above.