When partners have different credit ratings

What you should know if you and your partner have different credit scores
Do you and your partner have similar or different credit scores? Does it matter and what can you do about it? Find out more about this Queer money® Podcast.

Find out how you can improve your credit rating together:

Different credit scores can impact your life as a couple
In this episode of Queer money® we’ll discuss what to do if you and your partner have significantly different credit scores. We’ll start by explaining how points in different areas can impact your life together and share how we approach working as a team to improve our financial lives.

We also reveal the results of our Queer Money® Facebook group survey on couples and credit scores and highlight why it’s important to have a trusting dialogue when it comes to money. Listen to our top 5 tips for improving your credit score WITH your partner and learn how you can build a secure financial future together!

It’s so important to be able to talk about each other’s financial situations as individuals and where you want to go together financially as a couple. -JohnClick to tweet
Topics covered different Credit scores
Why significantly different credit scores are important for couples

You may not be eligible for housing, a mortgage, or credit cards
Affects car insurance premiums and cell phone contracts

The results of the Queer Money® Couples Credit Survey

67% are in the same range as their partner
12% are in different but close areas
19% are in very different areas

What to do if you and your partner have very different values?

1. Start a trusting dialogue
2. Order credit reports at least once a year
3. Take this Improve or build your credit score course together
4. Create a plan to pay bills on time
5. Open a joint credit card (or add a partner to your existing card)

Resources to Improve Credit Scores