update on credit & DH

If I were you I would tell him you are not comfortable adding him to your card because of his prior credit history.  This may sound harsh but IMO being honest and direct is the way to go.  If he doesn't respect that and it affects your marriage than I would be concerned that the problems run a lot deeper than what is on the surface.  If this is too difficult and you are fearful that it may negatively affect your relationship I would asses how damaging it could be to your own credit rating if you add him and how your response to this could also affect your marriage if he ruins your credit as well.  You have to protect what credit rating you have left and guard it with your life.  If I were you I would tell him flat out NO and let him deal with that.  You are entitled to make decisions for your own best interests and a little hurt feelings is a lot better than another financial disaster.  I know it is hard when it is someone you love, but you have to look out for your own best interests.  Good luck and take care.     

Or:  you could tell him because he has filed bankruptcy and has a poor credit rating the credit card company will not allow him to be added. (A little dishonest here though, but it may work if he has no clue ).   

Funny you say that, Troy. I went the other way--my husband had terrible credit when we got engaged, and I added him to MY cards, as I had excellent credit. I hoped it would help him get a positive rating back, as the cards show up on his credit history, too. That was all well and good until MY credit went in the dumper with these stupid student loans. Now we're BOTH stuck on cards that we can barely afford to pay, and his credit rating isn't going to improve while he's stuck with MY debt on his credit rating.

Thanks guys, I appreciate your repsonses. I will definietrly say NO to him and explain that we need one person in this family with good credit.

I was also thinking that we can try and save up $1000 to get him a secured card. Does anyone know any banks or institutions that have a $500 secured card? $500 is an easier goal to attain than $1000.

Thanks

Cesca

 

 

Or this one,

 

http://www.hometrust.ca/ , its a little more minimum is $1000.00 but they have other forms of financing availiable, like mortgages. I would recommend building a relationship with a company that can offer you the most in the long run.

just my.02

Troy

In any matter when it comes to credit rebuilding time is the only cure, that being said capital, hometrust or a secured plc all will work the same. who the creditor is does not matter as long as other creditors are able to see that you are capable of maintaing a healthy responsible relationship with your existing creditors.

Troy