Can I use my spouse's good credit to get a loan?
You can, but only under certain circumstances.
Here are a few things to consider if your credit score needs your spouse's help:
- If you're only using your spouse's credit score when buying a home, your spouse will need to be able to support the full mortgage on their income alone.
- If you can't qualify for a new credit card, having your spouse add you as an authorized user on one of their cards may help you out.
- Adding your spouse as a co-signer when applying for a car loan can potentially improve your interest rate and likelihood of qualifying.