Credit Debt Management

01 Mar, 2010

Will my poor credit effect my partners good credit if I’m added as a responsible party on his credit card?

Posted by: admin In: Poor credit credit cards

My partner and I are trying to get my credit up to a better rating. I know that if I’m added to his credit card as a ‘responsible party’ his good credit will help mine. What I can’t find the answer to is, will my poor credit effect his?

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1 Response to "Will my poor credit effect my partners good credit if I’m added as a responsible party on his credit card?"

1 | kshawks18

March 1st, 2010 at 2:02 pm

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As long as he is the first on the card/loan, then the bank will mostly look at his credit for finance. This is why most everyone with bad credit needs a co-signer, to get decent interest rates.

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