When you get onboard into a marital relationship with someone, it only makes sense to have joint accounts, right? Wrong. As it turns out, there is absolutely no reason for a joint account, especially around revolving credit, and having one can cause you serious problems in the future. In this episode, Merrill Chandler talks about how divorce, death, and disability impact your relationship with your lender. He enumerates every reason why having a joint revolving account with your spouse could potentially ruin your credit profile should things turn out for the worse. Listen to the podcast and learn why it is absolutely time to divest your joint accounts now.
Love the show? Subscribe, rate, review, and share!
Join the Get Fundable! Community today:
