Most people approach marriage and credit with a one-for-all, all-for-one attitude. They open joint credit cards, apply for car loans as a couple, and stop building separate credit histories. After all, they have joined their lives together; why not marry their credit histories? Though the sentiment is appealing, keeping some credit accounts separate has big …
“Dear Steve, I have some credit card debt I can’t pay. I’m on disability and 66 years old and was paying them with the few jobs I had. I am a contractor and need to keep my Lowe’s accounts if I ever get some jobs. The other cards are farm and shop related. My wife …
“Dear Steve, I am 27 years old and engaged. I spent significant money to fix up my house so I could sell it and move where my fiancee got a job. I also bought a new mattress in January 2008, consulting with the fiancee. I now owe (been paying stuff for a while) $4500 from …