Credit Question: Adding my wife as a responsible party on my credit card - any drawbacks?

[fonzinator]

I'm recently married. My wife and I each have one individual credit card. What is the best course of action so we can build stronger credit? Should we each add one another to our cards as a responsible party? FYI...both of us have strong credit with zero credit card debt.

 

[ragazzo]

is she a shopoholic? 😀

 

[fonzinator]

Originally posted by: ragazzo
is she a shopoholic? 😀

Nope. I keep her in line. 🙂

 

[TheToOTaLL]

Originally posted by: fonzinator

Originally posted by: ragazzo
is she a shopoholic? 😀

Nope. I keep her in line. 🙂

Wow, so I'm not the only other person in the world that can do that? 😉

 

[dquan97]

I put my wife as a joint cardholder on my CC because she doesn't have a credit history. Afterwards, her credit score increased because she now has a longer credit history with no late payments.

 

[fonzinator]

Originally posted by: dquan97
I put my wife as a joint cardholder on my CC because she doesn't have a credit history. Afterwards, her credit score increased because she now has a longer credit history with no late payments.

Cool. So what happens when two people, having two separate credit histories, merge?

 

[Zombie]

if she has her own credit card why bother giving her yours ?
I doubt history merges, I think future entries will go to both credit reports.