Husband credit consolidation effect my credit score
My husband has high balances on credit cards and one of them is a joint account which I do no use. He has contacted a credit consolidation company which he said would close the account. How will this effect my credit score, up or down.
Terry Says
First, he should NOT contact a "credit consolidation company"! That is likely to impact BOTH of your scores since you have joint credit. Call the National Foundation for Credit Counseling at 800-388-2227 to get some straight answers before doing anything. You can trust them.
