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Credit Associations
suzy1234_2
Posts: 2 Newbie
My credit report is showing associations with my partner on a mortgage account that has been paid off 5 years ago.
They will not remove my association with my partner. He has bad credit and it is impacting my ability to borrow money.
I don't have any other joint accounts with him.
Help!!!
They will not remove my association with my partner. He has bad credit and it is impacting my ability to borrow money.
I don't have any other joint accounts with him.
Help!!!
0
Comments
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They can't remove it, you are financially linked now after having a joint account closed or notsuzy1234_2 said:My credit report is showing associations with my partner on a mortgage account that has been paid off 5 years ago.
They will not remove my association with my partner. He has bad credit and it is impacting my ability to borrow money.
I don't have any other joint accounts with him.
Help!!!0 -
Why does the credit agency imply you can have associations removed by closing all joint accounts?marcia_ said:
They can't remove it, you are financially linked now after having a joint account closed or notsuzy1234_2 said:My credit report is showing associations with my partner on a mortgage account that has been paid off 5 years ago.
They will not remove my association with my partner. He has bad credit and it is impacting my ability to borrow money.
I don't have any other joint accounts with him.
Help!!!0 -
Credit files list accounts including bank accounts and credit cards that are open and those that are closed. They will eventually fall off your file - I think 6/7 years after closure.suzy1234_2 said:
Why does the credit agency imply you can have associations removed by closing all joint accounts?marcia_ said:
They can't remove it, you are financially linked now after having a joint account closed or notsuzy1234_2 said:My credit report is showing associations with my partner on a mortgage account that has been paid off 5 years ago.
They will not remove my association with my partner. He has bad credit and it is impacting my ability to borrow money.
I don't have any other joint accounts with him.
Help!!!
One agency might imply this, but that doesn't apply to the others. Similarly a lender might choose to disregard closed joint accounts - but that's their business choice.
Regardless of this, banks can have their own internal records on you which they may use to make lending/banking decisions - so whichever bank you had the joint mortgage with, could hold records advising not to lend for much longer.1
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