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If I get added to my finances credit card will my credit line go up?
I'm getting married in a few months and my fiancé has a credit line of 150k on her credit cards. If she adds me to her card will my credit line reflect her limitations on a credit report?
3 Answers
- AnamaLv 78 years agoFavorite Answer
Oh. Dear. Lord. Get that credit line DOWN!! and what do you mean credit CARDS? that should NOT be plural !!!!
I know it helps your scores, but really, that is a lot of temptation! Remember, you do not want your debt to be any more than 15% of your take home pay or you are getting into dangerous territory.
We have all of our credit lines down to a minimum and have 1 credit card and the rest are debit. And you know what? That works really well because you are not tempted to spend what you do not have. There is a HUGE difference between what you NEED and what you WANT and you need to think before you purchase anything!!! That being said, financial responsibility is a gift you give yourself, and if you do not have self control over your finances or purchase impulses it would be best to allow the person with the most control to have decision making power in the relationship in that area. Good luck to the two of you I have a feeling we are going to see you on here again....not judging, just have this sort of consumer excitement before and know where it leads...
- Silly GooseLv 78 years ago
No.
The Fico score is well aware of piggy backing and they will not allow this to change or improve your credit score.
It will not affect you in any way.
Why don't you get your own credit card?
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You may get oppossing answers.
I assumed you meant credit scores.
Others may assume that you meant Credit Line. Credit line would go up.