9/30/2010

Myths about Debt and Marriage

Credit Cards.com is a great website to learn about all the little gotcha's of credit.  Recently we found this Q&A from one of their blogs "To Her Credit".  She provides the truth about four myths of marriage and credit:

Myth No. 1: As long as credit cards are in your spouse's name, you're safe.

Myth No. 2: If you move out, for purposes of community property laws, the marriage is over.

Myth No. 3: In divorce, he'll have to pay for things he bought.

Myth No. 4: If a divorce court says one spouse has to pay off a debt, the other spouse can stop worrying about it.

Check out the article and know the truth about how your spouses credit can impact you!  Visit To Her Credit and tell us what you think!

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