Address being used for CU

Worriedman

Registered User
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My partners mother is using our address for a credit union loan that is heavily in arrears . Does this have any consequence to ourselves?
 

so-crates

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Worriedman

Registered User
Messages
21
Just same surname. reason is don't want people at home to see letters from the loan. I never thought it would effect our credit rating as it is in her name.
 

cremeegg

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3,017
My partners mother is using our address for a credit union loan that is heavily in arrears . Does this have any consequence to ourselves?
AFAIK. The banks credit approval processes are private. If a bank were aware of a CU loan in arrears at a particular address, I suspect this would make them less likely to issue any future loan to a person at that address. I doubt the surname would matter. The question that would link you to the loan in arrears is more likely to be, "how long have you lived at that address"
 
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