Whenever you use an overdraft or take out other credit (such as a credit card, mobile phone contract, catalogue account, loan, or mortgage), this is recorded on your credit report.
Credit ratings can be affected if, for example, you miss any repayments, go over your credit limits, or take out new credit.
Your personal credit rating could change because of financial abuse, particularly if your abuser has taken out credit in your name or if you’ve had a joint account, loan or mortgage – because your credit reports will be linked.
You can check how you’re financially connected to someone by accessing your free online credit report. Read our guide on How to check your credit report.
It’s helpful to know what your rating (or score) is because a low credit rating could affect your ability to apply for credit, including mortgages, and to access other services such as mobile phone contracts in your own name.
You can also use your credit report to help you track down any debts that are attached to your name.
If there are debts on joint finances, contact your creditors to let them know about your situation and try to close any accounts. Remember, you will still be liable to pay off any outstanding amounts, but this move should stop the debts increasing.
You can ask for your credit reports to be amended once all joint associations are closed. To do this, contact the three main credit reference agencies (Equifax, Experian and TransUnion) directly and submit the form provided by them.