Does Bad Credit Affect The Person Or The Address?

Is credit rating linked to address or person?

Your address doesn’t affect your credit score.

However, it affects what information appears on your report, which can affect your score.

Moving house too often can also make you look less stable, which might discourage some lenders from giving you credit..

Does debt stay with an address?

Sharing an address with someone does not make you liable for their debts. Previous debts associated with your address are also not your responsibility. You can only be liable for joint debts which are in your name, or in joint names with you and someone else.

Does my partner’s bad credit affect mine?

Key Takeaways. Marrying a person with a bad credit history won’t affect your own credit record. You and your spouse will continue to have separate credit reports after you marry. However, any debts you take on jointly will be reported on both your and your spouse’s credit reports.

Why is someone else’s address on my credit report?

Your credit report may list any address associated with an account with which you are associated. This means that if you are a joint account holder or an authorized user on an account and the bills are sent to someone else’s address, that address could appear on your report as well.

Can my address be blacklisted?

Can an address be blacklisted? No – not even if the people who lived there before you had multiple debts and were on shaky financial ground. It doesn’t matter who lived at your address in the past – their financial mistakes won’t be linked to you just because you live in the same house or flat.

Can you credit check an address?

No – credit checks are done on people, not addresses. Your address is simply used alongside other information to help confirm your identity. You can be linked to other people on your credit report if you share finances with them, such as a joint mortgage.