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manolitotaina · Joined: 23 Feb 2009 Posts: 1 1.32 Dollars($)

I am currentally renting a town house and my landlord has advised me that "the association" is giving him a hard time because I ma not the homeowner, so may need to add my name to the deed of the house, my credit is poor so will the boost up my score? Thanks for all of your help

jerry · Posted: Tue Feb 24, 2009 2:56 am Post subject:

Hi manolitotaina,

A quitclaim deed will surely help you add your name to the title and be the legal owner of it. However, It will not affect your credit score in any way. It'll neither boost up nor hurt your existing credit score.

Thanks,

Jerry

gmakerley · Posted: Tue Feb 24, 2009 9:44 am Post subject:

the only way in which to positively affect your credit score is to be obligated on a loan or credit card and make payments on that debt. what you and your landlord propose to do will have no impact on your credit standing at all.

msnover92571 · Posted: Tue Feb 24, 2009 3:05 pm Post subject:

It will not have any effect on ur credit as your not paying for it.

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Will adding my name onto the deed of a house improve my credit?