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Gsm12810

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Adding a relative to my credit account
A relative of mine wants to be added to one of my credit accounts. They have filed two bankruptcies in the past. Will adding them affect my credit score?

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YES!!

It could easily drop.  Given said relative's financial history, you would be wisest to avoid giving them any credit assistance beyond directing them to this site so they can learn about credit. Do not co-sign or add them to your accounts or you might be in financial trouble.

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