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Do credit reports and/or credit scores merge when you get married?

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Do credit reports and/or credit scores merge when you get married?

After you get married, you and your spouse share a lot of things, but one thing that you don’t share is a credit score.

Your credit report and score are very personal items, and they do not merge when you get married. However, any joint credit that you and your spouse take out will report to each of your individual credit reports and will affect both of your credit ratings equally.

If you decide to take out a loan together, both of your credit reports and credit scores will be considered when determining whether you’re approved to borrow and what rate you receive.

When you get married, you may also add each other to your existing individual credit accounts, which means you’ll share even more financial information.

It’s a good idea to compare credit cards when you marry so that each of you can close accounts that are not useful. Be careful not to close any accounts you’ve had open for too long, though; if you do, your credit history with that card will eventually be erased, and your credit history is a heavy determining factor in your credit score.



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