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Spouse Has Bad Credit: Make Him a Signer?

My spouse has bad credit. Will this hurt my credit if I add him as a signer on just my checking account?

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Merely adding your spouse as a signer won't have any impact on your credit history. However, you did not describe the nature of his past credit problems. If his use of your account results in an overdraft, you would be responsible for the overdraft, and if the account is mishandled to the point that the bank reports it, it could affect your credit history.

Published on BankingQuestions.com 6/16/10