How linked are your finances?

Love is in the air..

Does linking hearts also link up credit ratings?

Love is… a many splendoured thing. It’s in the air; it’s like oxygen, it’s even a wonderful colour. But when you choose to formalise your union, how can it affect your credit status?

Well, getting married in itself doesn’t change anything. If you didn’t share a mortgage, a bank account or have any other shared financial arrangements beforehand, then the mere act of saying “I do” at the altar is not going to have any impact. However, certain things are worth bearing in mind. 


Name changes – if you have changed your surname, then it’s a good idea to include both new and old names on any new application for credit. This creates an ‘alias’ link between the two names, which would allow both names to appear on your credit report going forward. The lender would then include both names on any credit check it makes. It’s also worth registering to the electoral roll in your new surname as soon as possible.

Joint finances – If you do share or open up a financial connection, then each of you would see the other’s name in the section of your credit report entitled ‘Financial Associations’. Although lenders would then be able to look at both your credit reports, your own credit report would show only your own credit activity.

Different credit statuses – Should you be concerned that your husband or wife may have poor credit, it’s a good idea to check your credit report to see if and how you are financially linked.  Being in a personal relationship with someone, and even having the same surname, does not link up your credit reports – and neither does living at the same address. Credit reports only become linked if two people have actually applied for credit together (eg: a joint bank account, a mortgage with two names on it) or they tell Experian or a lender that they are financially connected.

As long as you keep your finances completely separate, your credit reports will stay separate even if you live together or share the same surname. By checking your credit report you can see if you are linked or not, and the steps you could take to improve your credit rating.

4 thoughts on “How linked are your finances?

  1. Lisa

    I have a very good credit score/rating. My new partner is a bankruptee. I’ve recently been made redundant and expect to get a new job very soon. However, I’ve had to make a DWP claim and they state that as he now lives with me, we need to do a joint DWP claim. Will this claim link us financially and affect my own personal credit rating/score?
    Many thanks.

    1. CreditExpert Neil

      Hi Lisa, you don’t need to worry a joint DWP claim would not link you financially, so lenders would only see your information when they perform a credit check on you.
      Kind regards Neil.

  2. rabia mohsin

    I am going to apply for new mortgage my husband lived with me at same address and he have his name on utilities bill and council tax. Will it be problem for me to get mortgage as his credit rating is not good.
    We are not linked up in bank account or mortgage.

    1. CreditExpert Stuart

      Hi Rabia,

      I understand that you might be concerned about your Husband’s credit report, especially as you are looking to apply for a mortgage in the future.

      In terms of applying, you may have a financial connection with you and your Husband in the past. If you are concerned about this, you may want to check a copy of your Experian Credit Report, which you can find out the options available to you here.

      You may also find this link with tips on what to do if you are looking to apply for a mortgage helpful as well.

      Kind regards,


Leave a Reply

Your email address will not be published. Required fields are marked *

Current day month ye@r *