I am bankrupt, my partner and I are getting married (paid for by her parents) we have separate bank accounts and no joint credit. She wants to buy a house in a few years and I just wondered by marrying me will it affect her? We have no intentions of opening any joint accounts or applying for credit together. I just wanted advice on the best steps for her to avoid her credit rating being impacted by my situation
Your partner’s personal credit file is the history of how they have managed their financial commitments over the past 6 years and your bankruptcy is not part of their file. There are times when it can cause an issue and this is usually because there is a direct question on a form. If she ever has to fill in a form that asks if someone else in the household is a bankrupt. She may need to speak to a mortgage expert to see if, and how, this may affect a mortgage application.
This question was answered by Debt Advice Foundation, an independent UK debt advice charity. If you need further help, Debt Advice Foundation provides a free, confidential helpline and can advise you. Click here to find out more.
Your credit rating will have no effect on your partners, especially if you do not intend on taking out any joint credit in the future.
This question has been answered by CAP UK, a leading debt charity offering hope and a solution to anyone in debt.