How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Eric Your Own Question
Eric
Eric , Financial Manager
Category: Finance
Satisfied Customers: 559
Experience:  Loan servicing, counseling and real estate expert. Foreclosure Expert and Financial Planner.
31131311
Type Your Finance Question Here...
Eric is online now
A new question is answered every 9 seconds

FICO SCOREMy husband added me to his credit card without

Customer Question

FICO SCORE

My husband added me to his credit card without my knowledge. This has lowered my FICO score. If I have my name removed will I damage it even further ? The problem is "high balance" . I have my own credit hx and cards, Do not want or need his imput.
Submitted: 5 years ago.
Category: Finance
Expert:  CGCPA replied 5 years ago.

Welcome to Just Answer. I am here to help you resolve your tax and finance concerns. Please feel free to ask anytime you need extra help.

In cases where both spouses are listed on a credit card even though only used by one the effect of negative (or positive) behaviors will impact both credit scores. No one can add their name to the credit score of another without the consent or use of joint accounts. There is no way to remove a link (other than divorce or individual bankruptcy) between the two of you. Somewhere along the line your credit activity crossed lines. It could be as simple as one of you paying the others credit card bill, a joint bank account (even a savings account) or a joint mortgage. If your husband was somehow able to get his name added to your credit card you will need to call the card company and either cancel the card or have his name removed since you did not authorize this. However, it can be construed as bank fraud by him. That is criminal so you will need to think this through carefully.

Customer: replied 5 years ago.
Relist: Inaccurate answer.
This is the first time in 3+ years that I've been flatly disappointed in your product. Your expert either didn't read the question, or doesn't know the answer and is just faking it. I could have gotten the answer myself w/ alittle effort, but I thought you would be easier. My mistake. If I could, I'd just cancel the whole thing, but you , as a whole are so wonderful,and so helpful, that I am willing to give someone else another try.
Expert:  Eric replied 5 years ago.

I appreciate the opportunity to help!

The main problem that would affect your credit would be the high balance. The more unsecured open tradelines you have, it will lower your score. Especially if you have balances on them. If you are removed from the card and the tradeline is removed from your record, then it should have a positive affect as opposed to a negative. If I can assist any further, let me know...

Eric, Financial Manager
Category: Finance
Satisfied Customers: 559
Experience: Loan servicing, counseling and real estate expert. Foreclosure Expert and Financial Planner.
Eric and other Finance Specialists are ready to help you