Can I transfer husbands cc debt?

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Can I transfer husbands cc debt?

Yesterday, 8:39 PM
? Join Date: Dec 2010 Location: south east england Posts: 171 Thanked 3,739 Times in 144 Posts	I am a named card holder on my husbands credit card, as I am now working full time I am looking at best way to reduce debts and wondered if I took out a cc with a 0% transfer offer could I transfer the balance of husbands cc to it? Sealed Pot Challenge 2011 / no. 1205 ?110 made]Sealed Pot Challenge 2012/no 1205 target ?300 Jan g/c 355.83/?450 g/c Feb487.66/?400 March 411.03/?450 To feed 5 adults and 2 dogs includes toiletries & cleanining

Yesterday, 8:42 PM
? Join Date: Jan 2006 Location: Hampshire Posts: 10,457 Thanked 7,226 Times in 4,215 Posts	Yes you could.

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Yesterday, 8:43 PM
? Join Date: Nov 2008 Posts: 5,761 Thanked 3,395 Times in 2,397 Posts	Yes, you can. The fact that you are a cardholder on the existing account makes no difference - the debt is currently 100% his responsibility. If it was transferred to an account in your name, it will instead be your responsibility to maintain.

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Yesterday, 8:44 PM
MoneySaving Newbie ? Join Date: Aug 2013 Posts: 13 Thanked 2 Times in 2 Posts	I think it depends on the CC companies policy

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Yesterday, 9:17 PM
? Join Date: Jan 2006 Location: Hampshire Posts: 10,457 Thanked 7,226 Times in 4,215 Posts	Quote: I think it depends on the CC companies policy No it doesn't. Effectively a balance transfer is simply the new company making a payment into the other CC account.

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Yesterday, 9:17 PM
MoneySaving Newbie ? Join Date: Aug 2013 Posts: 1 Thanked 0 Times in 0 Posts	I am thinking of doing the same thing (transfering husbands debt via a 0% balance transfer to a cc in my name) but worried it will affect my credit score. Can it affect my credit rating even if regular payments are made each month and the debt paid off after a year?

Yesterday, 9:26 PM
? Join Date: Jan 2009 Location: somewhere in the middle Posts: 24,456 Thanked 33,227 Times in 13,420 Posts	Quote: I am thinking of doing the same thing (transfering husbands debt via a 0% balance transfer to a cc in my name) but worried it will affect my credit score. Can it affect my credit rating even if regular payments are made each month and the debt paid off after a year? It could affect your ability to get further credit whilst this debt is outstanding. A smile enriches those who receive without making poorer those who give or "It costs nowt to be nice"

Yesterday, 9:34 PM
? Join Date: Feb 2009 Location: Devon Posts: 2,177 Thanked 1,388 Times in 871 Posts	Quote: I am a named card holder on my husbands credit card, as I am now working full time I am looking at best way to reduce debts and wondered if I took out a cc with a 0% transfer offer could I transfer the balance of husbands cc to it? As others have said, yes you can. Just a reminder, though; it has to be to a card issued by a different banking group.

Yesterday, 9:42 PM
MoneySaving Newbie ? Join Date: Aug 2013 Posts: 13 Thanked 2 Times in 2 Posts	Quote: No it doesn't. Effectively a balance transfer is simply the new company making a payment into the other CC account. I remember reading (i think on there...not too sure) that one credit card company was not taken balance transfers if the other card was not in the same name. Apologies if incorrect

Yesterday, 10:49 PM
? Join Date: Aug 2011 Posts: 1,179 Thanked 403 Times in 295 Posts	Quote: I remember reading (i think on there...not too sure) that one credit card company was not taken balance transfers if the other card was not in the same name. On the phone, Santander and sometimes Barclaycard (but hang up and call again) Online there should be no problems.

Yesterday, 11:37 PM
? Join Date: Nov 2004 Posts: 20,303 Thanked 10,196 Times in 7,952 Posts	Quote: On the phone, Santander and sometimes Barclaycard (but hang up and call again) Online there should be no problems. Also had an issue some years ago with HSBC. Not sure if it's still the case now.

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