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WebBoth account holders' credit history will be affected. If one credit card user racks up a lot of charges on the account or payments are missed, both of the account owners' credit scores will take a hit. Both joint account cardholders are equally responsible for paying off the card's balance, regardless of who incurred the charges. WebSep 30, 2024 · Change all property titles. Remove your spouse’s name and update ownership documents and insurance policies, such as auto and homeowner’s. Your county recorder is a good place to start. 9. Change titles on all joint bank, investment, and credit accounts. Close accounts that were in your spouse’s name only or change the account … Web1 day ago · Editorial Policy: The information contained in Ask Experian is for educational purposes only and is not legal advice. You should consult your own attorney or seek specific advice from a legal professional regarding any legal issues. Please understand that Experian policies change over time. Posts reflect Experian policy at the time of writing. taxes on 77 000 in ontario