# How to Build Credit in Marriage 💍 | Consolidation Tips & Low Credit Score Hacks 🔑

An episode of [Earn Your Leisure](https://invisiblenetwork.ai/podcast/1450211392), 8 Jul 2026, 7:20.

Audio: https://podtrac.com/pts/redirect.mp3/traffic.omny.fm/d/clips/e73c998e-6e60-432f-8610-ae210140c5b1/8dbc4f54-a337-4481-9ef2-b355012b0a3d/bf5d6067-4063-48a8-8b21-b47e00d5fdba/audio.mp3?utm_source=Podcast&in_playlist=eac4c628-29cb-469a-b5c8-b355012b0a48

Subscribe and watch more videos here: https://www.youtube.com/@EarnYourLeisure Join the EYL community for deeper training and a more detailed approach: https://www.eyluniversity.com Join the number one stock club in the world: https://www.ianinvest.com Invest Fest | August 7-9, 2026 Grab early bird tickets now: https://www.investfest.com See omnystudio.com/listener for privacy information.

## Transcript

[0:00] Speaker 1: This is the other part because we talk about the
[0:01] Speaker 1: things that credit could affect, right, obviously your score, but
[0:05] Speaker 1: it could affect loans and sometimes employment. But it also
[0:08] Speaker 1: could affect relationships. This is important, right because you said
[0:12] Speaker 1: you need to have maybe three to four items on
[0:14] Speaker 1: your credit report, and some people when they're in relationships.
[0:18] Speaker 1: We've seen I'm going to get a car, I didn't
[0:21] Speaker 1: get approved. Can you co sign?
[0:23] Speaker 2: I love this, well, yeah, asking a good question. This
[0:26] Speaker 2: is this is why.
[0:27] Speaker 1: Yeah, we've been known to do so talk about that.
[0:31] Speaker 1: I mean, yes, co signing could be less.
[0:36] Speaker 2: So one of the things that I do in my
[0:37] Speaker 2: day to day is I'm a credit specialist specializing in
[0:41] Speaker 2: mortgage scoring. Right, so I deal with a lot of
[0:43] Speaker 2: people who can't see the close on their home, who
[0:46] Speaker 2: need a few more points to get obtain a home loan. Now,
[0:50] Speaker 2: this is one of the things that I see so much,
[0:53] Speaker 2: and we need to change it. So when it comes
[0:56] Speaker 2: to married couple spouses, make sure that the accounts are
[1:01] Speaker 2: evenly distributed, right, So make sure make sure that one
[1:06] Speaker 2: spouse does not have all of the is not the
[1:09] Speaker 2: primary account holder account owner of all of the accounts,
[1:13] Speaker 2: and then the other spouse usually like to stay at home,
[1:16] Speaker 2: spouse is just co signed on all of the accounts.
[1:18] Speaker 2: There is something within the Credit Card Act of two
[1:21] Speaker 2: thousand and nine that says on every credit card application,
[1:24] Speaker 2: legally you can use what's called household income. So if
[1:27] Speaker 2: you're a spouse, if you have a spouse that maybe
[1:29] Speaker 2: does not make a lot of money or you know,
[1:31] Speaker 2: stays at home, as opposed to them just being a
[1:34] Speaker 2: co signer and an authorized user on all of spouse's
[1:36] Speaker 2: one accounts, they can apply using the income. They can
[1:40] Speaker 2: apply using their spouse's income. So make sure that they
[1:44] Speaker 2: still have credit cards, home loan or not home loans,
[1:48] Speaker 2: but loans and installments in their name as owner. Because
[1:51] Speaker 2: when you only have co signed accounts authorized user accounts,
[1:55] Speaker 2: then you're never going to unleash your true borring power
[1:57] Speaker 2: because it's based on someone else, regardless of who it is.
[2:01] Speaker 2: So make sure, yes, I'm glad you asked that question,
[2:03] Speaker 2: because that man that having so often like, it'll just
[2:07] Speaker 2: it'll be one person has great credit and then one
[2:09] Speaker 2: person has subpart credit because they don't have any they
[2:13] Speaker 2: haven't built any credit.
[2:14] Speaker 1: And that's if you're married. Yeah, boyfriend, you broke up,
[2:19] Speaker 1: good luck.
[2:20] Speaker 2: Oh well, yeah, to speak on that co signing, No, no, no, no,
[2:25] Speaker 2: I won't co sign. I'm not sign nobody because that
[2:27] Speaker 2: affects you. Like, if you co sign for someone and
[2:31] Speaker 2: you can have amazing credit, if they choose to not
[2:34] Speaker 2: pay it or you know, run up your card, you
[2:37] Speaker 2: are responsible for that when it comes to co signing.
[2:40] Speaker 2: When it comes to authorized users, authorized users, they don't
[2:43] Speaker 2: have any legal binding to that account, so they can
[2:47] Speaker 2: run it up, they can spend every dollar and it
[2:49] Speaker 2: still is going to be your fault. When you co
[2:51] Speaker 2: sign for someone that if that account goes derogatory, it's
[2:55] Speaker 2: going to affect both persons credit report. You can't do
[2:58] Speaker 2: nothing about it.
[3:00] Speaker 3: So what about credit consolidation? Is that always the most
[3:03] Speaker 3: beneficial way to kind of manage multiple.
[3:07] Speaker 2: No, it's not that chips away at your credit age drastically.
[3:11] Speaker 2: So now it like when it comes to like student
[3:16] Speaker 2: loans and things of that nature, sometimes that it's worth it, right,
[3:19] Speaker 2: But when it comes to just consolidating your everyday credit cards,
[3:23] Speaker 2: I don't always recommend it, unless like you're just trying
[3:27] Speaker 2: to prevent bankruptcy or something like major like that. But consolidation,
[3:30] Speaker 2: I'm not the biggest fan of just because it doesn't
[3:34] Speaker 2: really aid to you improving your borring power.
[3:38] Speaker 3: So if people will have bad credit and they're trying
[3:40] Speaker 3: to improve their credit, what's the steps to actually go
[3:44] Speaker 3: from you know, having issues bad credit to having better credit.
[3:49] Speaker 2: Yes, the good thing about having bad credit is you
[3:52] Speaker 2: have a lot of points that you can obtain. Like
[3:54] Speaker 2: the lower your credit score is, the more points you
[3:56] Speaker 2: can grab. Right, So, my favorite thing when helping some
[4:00] Speaker 2: one with their credit is when they do have a
[4:01] Speaker 2: low credit score, because it's so easy to get those points.
[4:05] Speaker 2: You just have to understand that obtaining those points will
[4:08] Speaker 2: not come from just repairing your credit or disputing your
[4:11] Speaker 2: credit record. It's going to come from building credit. That
[4:14] Speaker 2: is where the points are released from. Right, So making
[4:18] Speaker 2: sure if you have bad credit, if you have collections,
[4:20] Speaker 2: charge offs, whatever, there is no nothing that will help
[4:25] Speaker 2: you other than building credit, making sure that you have
[4:28] Speaker 2: those those four accounts to credit cards to installment's one
[4:31] Speaker 2: short term, one long term. Making sure you do not
[4:34] Speaker 2: pay off that installment early, the short term installment specifically
[4:39] Speaker 2: because you want to build credit. Right. Also, if you
[4:43] Speaker 2: are if you do have collections, challenging those right if
[4:46] Speaker 2: they get removed great, But if they if they do
[4:48] Speaker 2: not get removed, you still can have good credit with
[4:51] Speaker 2: collections because the older a collection gets, the less impact
[4:54] Speaker 2: that it has on your score. The more credit that
[4:57] Speaker 2: you've established since the collection will help you sort of
[5:02] Speaker 2: undo bad credit. Right. I think I had. It was
[5:06] Speaker 2: one account that I could not get removed, and again
[5:08] Speaker 2: that that did not stop me from getting credit cards
[5:11] Speaker 2: or buying a home and things of that nature because
[5:14] Speaker 2: I had established credit that spoke to my financial habits,
[5:19] Speaker 2: my current financial habits more than those old collections.
[5:22] Speaker 1: Right.
[5:23] Speaker 2: But yeah, so making sure you have your building credit,
[5:26] Speaker 2: that's what people. People will say, I have bad credit,
[5:28] Speaker 2: so I'm just not going to touch my credit for
[5:30] Speaker 2: seven years. It's the worst thing you can do, because
[5:32] Speaker 2: that's seven years of wasted time where you can build credit.
[5:35] Speaker 2: You can come back from collections. I've never I've never,
[5:39] Speaker 2: and I have helped thousands, I've looked at thousands of
[5:42] Speaker 2: credit reports. I have never seen a credit report that
[5:44] Speaker 2: is irrepaarable ever, and I didn't seen three hundred credit scords.
[5:48] Speaker 2: That's the you know, that's the lowest credit card you
[5:50] Speaker 2: can get, the lowest score that I've seen, FY go
[5:52] Speaker 2: score was a three to eleven the lords right, No,
[5:56] Speaker 2: it was so the lowest score you can get a
[5:58] Speaker 2: three hundred. Yeah, the lowest you can get three hundred.
[6:00] Speaker 2: The highest you can get this a fifty. I've seen
[6:02] Speaker 2: a three to eleven credit score. People think that because
[6:06] Speaker 2: they have bad credit, they know they're just doomed for
[6:08] Speaker 2: the next seven years. It's not true. Build credit and
[6:11] Speaker 2: you will get credit points when you add your credit card.
[6:14] Speaker 2: And the first month, the first month that you get
[6:17] Speaker 2: a credit card. Please, everybody who's watching this, if this
[6:22] Speaker 2: is your first credit card, do not allow that first
[6:24] Speaker 2: month to be wasted on reporting a zero dollar utilization
[6:27] Speaker 2: because a lot of people get their credit cards and
[6:29] Speaker 2: they're scared to use it, so they'll just like whatever,
[6:32] Speaker 2: like keep it in their pocket or keep it in
[6:33] Speaker 2: their wallet. When you activate that card, you typically are
[6:37] Speaker 2: going to be mid cycle, depending on how long your
[6:40] Speaker 2: bank took to mail it to you. Go get some gas,
[6:43] Speaker 2: go buy some chips, go do something so that you
[6:46] Speaker 2: have at least one to three percent reporting that first time.
[6:49] Speaker 2: The reason why it's important the first time is because
[6:51] Speaker 2: when your credit card hits your credit report for the
[6:53] Speaker 2: first time, you open yourself up to utilization, because if
[6:57] Speaker 2: you don't have any credit cards, you're not getting a
[6:58] Speaker 2: single point out of the one hundred and sixty five
[7:01] Speaker 2: points that are that are allotted for you credit utilization.
[7:04] Speaker 2: So when you first get your credit card, make sure
[7:06] Speaker 2: that you report a very small, a very small balance.
[7:09] Speaker 2: So the second that that credit card hits your credit report,
[7:11] Speaker 2: which is usually like sixty days after you get it,
[7:14] Speaker 2: you'll see you'll see you should see a large increase
[7:16] Speaker 2: in your credit score.

Shows are listed from Apple Podcasts' charts and directory, and Podcast Index where it is used. Every show and episode belongs to its publisher and plays from the publisher's own feed; this site hosts none of them.