Joint loan

hanlouwe

I’m looking to take out a joint loan with my husband to clear both of our credit card debit, but if, in the future, after the loan has been cleared, will our credit history still be linked? If my current individual credit rating
is better than his, should I keep it separate? Are we better off have two individual loans, even if the total paid back is the same, just to keep our credit ratings separate?

[Deleted User]

If you are married surely you have something else that links you financially anyway?

gg23

venison said:

If you are married surely you have something else that links you financially anyway?

Yes, like a mortgage perhaps?  Or a joint current account?

Also, it really doesn't matter what your credit rating is, it's what's on your files that matters.

femalemonarchfemalecanine

if you aren't already linked, then you may well prefer to stay separate - not wishing to be a prophet of doom, but you never know what the future holds, and should you ever split it is easier if your finances are not linked.