I was speaking about ways to save money with a coworker who mentioned that she wanted to buy a house soon. She was worried about the rate she would get because she knew her credit score was bad .

This person, I’ll call her S, said she had a lot of unpaid medical bills and phone bills from her past. There were also a few bills that had been late in the past but then she had settled with the company so she hoped that had already dropped off her credit report.

S told me she was thinking of hiring a credit repair company to clean up her credit report because she had heard they could take items off. This is the point where I had to stop her and put on my Personal Finance hat. In the short time that I have been blogging about my personal finances I think I have learned a few things that I could share with someone.

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I found this story about a Widow who finds her Credit tied up in her husband’s name after he died. This is a very unfortunate circumstance for her but it just goes to teach us the importance of having your own, separate credit history when you get married.

I have already decided that when I get married my husband and I will keep separate accounts. This is not so that we can hide money from each other, but rather to protect against one of us losing access to credit history if something happens to the other one.

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