What a woman should do when her partner has debt

What a woman should do when her partner has debtWhat a woman should do when her partner has debtWhat to do when your partner has debt Obviously, it is notlage a pleasant situation.But, at the saatkorn time, it is not wise to leave your partner just because he has debt problems.So, first of all, stop worrying and then check out what to do if your partner has debt problems.Follow Ladders on FlipboardFollow Ladders magazines on Flipboard covering Happiness, Productivity, Job Satisfaction, Neuroscience, and moreIs it wise to repay your partners debt?When you come to know after marriage that your husband has significant debt, you may ask yourself, should you pay off your husbands debt? Well, you can repay the debt or help him to do so. However, before paying off his debt, make sure you check out the following things.Your partner hasnt hidden anything from youMake sure you know everything about your partners debt and be assured that he hasnt hidden anything from you. If required, ask him q uestions about the total amount payable, thereasons for falling into debt, his plans to repay it, and so on.You dont land into debtMost importantly, you shouldnt face similar debt situation while helping your spouse to overcome his debt problems. Neither you should shell out your savings, especially emergency savingsto repay his debt, nor you should take out a loan to help your partner.Your credit score is not affectedIf you cosign on a loan, you become responsible to repay the debt if your partner defaults on the loan that is, he isnt able to make the payments. Moreover, if your credit score is good, in the future, you can take out a loan, in your name, with suitable terms and conditions.It may sound harsh but in case your relationship doesnt work out or youre not legally bound, you may have to experience serious financial consequences if you go that extra mile to help your partner overcome his debt crisis.So, if your intuition says you not to take the burden of your partners debt, dont do it. But, you can very well support and help him to solve his debt problems.This article originally appeared on Melissa Blevins.You might also enjoyNew neuroscience reveals 4 rituals that will make you happyStrangers know your social class in the first seven words you say, study finds10 lessons from Benjamin Franklins daily schedule that will ersatzdarsteller your productivityThe worst mistakes you can make in an interview, according to 12 CEOs10 habits of mentally strong people