Will it cause any issues if my partner applies for a credit card from one of my creditors ?

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Fatrover

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Post by Fatrover » Thu Jun 30, 2016 4:45 am
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I am currently in an IVA, my partner has just become debt free by completing a DMP. She wishes to apply for a Capital One credit card to begin to rebuild her credit rating. Capital One are one of my creditors, will this cause any issues?
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kallis3

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Post by kallis3 » Thu Jun 30, 2016 8:04 am
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Hi and welcome,

If you have no joint debts then I can't see there being a problem. They do a soft search so it doesn't show up on your credit record.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Lisa Thomas

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Post by Lisa Thomas » Thu Jun 30, 2016 10:35 am
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Good advice from Kallis, I agree.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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plasticdaft

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Post by plasticdaft » Thu Jun 30, 2016 11:30 am
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Are you linked financially at all to your partner?

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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Fatrover

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Post by Fatrover » Fri Jul 01, 2016 10:04 am
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Thanks everyone for the replies.

Hi Paul, we have a joint mortgage and secured loan.

We also had a joint bank account and my partner was pursued for my share of the overdraft, which she paid while completing her DMP.

My main concerns are
1. Am I/We breaking any IVA rules?
2. Could Capital One chase her for my debt?
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