Posted: Mon Jul 19, 2010 1:27 pm
Hi,
Im due to get married soon so would like to accept cheques from people in both of our names. I am currently in an IVA, my partner is fully aware of this. We do not want to setup a bank account with both of our names as this will effect her credit rating.
From looking about I think the account to go for is a NS&I Investment Account setup in joint names. Does anybody know for certain if this will create a financial association on her credit file?
Also the other question is - im taking anything paid in joint names will have to be declared as a windfall of 50%?
Thanks
Im due to get married soon so would like to accept cheques from people in both of our names. I am currently in an IVA, my partner is fully aware of this. We do not want to setup a bank account with both of our names as this will effect her credit rating.
From looking about I think the account to go for is a NS&I Investment Account setup in joint names. Does anybody know for certain if this will create a financial association on her credit file?
Also the other question is - im taking anything paid in joint names will have to be declared as a windfall of 50%?
Thanks