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If wife defaults on CC will I be blacklisted on ICB?

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  • 28-08-2013 5:59pm
    #1
    beetlebailey
    Registered Users Posts: 207 ✭✭


    Quick question..........................

    My wife has a credit card in her name , I`m a 2nd card holder.
    If she defaults on payments and is blacklisted for 5 years etc.... will I also be blacklisted or would I be able to get a credit card in my name?


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    #2
    Pablo Sanchez
    Closed Accounts Posts: 1,207 ✭✭✭Pablo Sanchez


    Im open to correction, but my understanding is that your wife is the account holder and is alone responsible for any debts built up on the card, whether she was the one doing the spending or anu of the other card holders. I dont think it would have any affect on your credit rating.


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    #3
    wmpdd3
    Registered Users Posts: 9,624 ✭✭✭wmpdd3


    The problem is is both of you apply for a mortgage, you suffer.


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    #4
    Marchbride
    Registered Users Posts: 188 ✭✭Marchbride


    wmpdd3 wrote: »
    The problem is is both of you apply for a mortgage, you suffer.

    I got caught in same situation. We just found out that my dh was blacklisted yr n a half ago as we are currently in process of applying for a mortgage. Imagine my shock!!!!! So I think it affects you when it comes to joint applications such as mortgage applications but if you're applying for individual loan/cred card you should be fine.


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    #5
    beetlebailey
    Registered Users Posts: 207 ✭✭beetlebailey


    wmpdd3 wrote: »
    The problem is is both of you apply for a mortgage, you suffer.


    No plans to apply for mortgage so thats not an issue anyway can`t afford the one we have at the moment , thats part of the problem!
    Neither of us are really comfortable with the idea of her defaulting,we`re just trying to work out pros and cons, see what all our options are.
    CC company aren`t very helpful so in a way I feel its a no brainer but I`m sure I`m missing something.


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