What does it mean when you are are pledge on an account. My husband put our house on a business note and I'm listed as a pledge. Does this show up on my credit report? What happens if he doesn't pay his business account on a regular basis?
The exact phrasing isn't familiar, but it appears that your husband borrowed money for his business and you and he signed a mortgage deed on your home and pledged it as collateral against the loan. Unless you are also a signer on the business note, the transaction should not affect your credit file. However, if your home pledged as collateral is correct, you and your husband could lose your home if the business loan is not paid as agreed. Because of the importance of this question, contact an attorney to verify this response to your question and to advise you further.
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The exact phrasing isn't familiar, but it appears that your husband borrowed money for his business and you and he signed a 