My fiance has 14k in credit card debt, what should I do?

May be...

There's always the option of a "pre-nup" if you don't want to help out with the debt.

When you get married you are basically becoming one person financially, so unless you discuss it and make it clear before you get married that you aren't just going to bail your fiance out of it, it will lead to arguements over it later.

This is your finances debt and responsibilty, it should not be up to you to give your finance a free hand out and turn their spending into a free for all. If your fiance has a problem with that, then that comes down to a serious problem with being irresponsible and I would take that into account before getting married.

If anything offer to help her come up with a strategy on how to pay it off (google search 'debt snowball'...it's the most widely promoted strategy used by debt management companies and financial "guru's" like Richard Kiyosaki and Dave Ramsey) and offer to support her in anyway possible (whether that support is financially or just emotionally, is up to you) to help get this taken care of.

The only way you can be held responsible for her debt is if you live in a community property state. If you live in a community property state and she gets sued you are subject to the debt as much as she is.

On the other hand, is she worth the 14K to you? If not then why would you marry her in the first place? That's letting money start to ruin the marriage before it even happens.

Yes, you should keep your bank accounts separate and your names off each others credit cards and credit files.

No problem. Glad to be able to help. Like a I said it's really your call as to whether she's worth $14k to you or whether you'd rather support her in other ways. Either way, you have every right to justify your reasons in whatever way that makes you happy in long run! All the best! Report Abuse

You only "inherit" the debt IF you put your name on her cards..
You can also have a "pre-nup" of sorts that spells out that her debit is hers alone....
Other than that...I hope she's current with her bills...
Most people assume that when you marry, you're going to help bail them out...
Let her know up-front what you are and aren't, willing to do...

You are not responsible of her debts before marriage.
Just help her. I read this http://www.ehow.com/how_4599714_reduce-c... It might help her.

Keep stuff separate until you are both in the black. You can help her if you like but keep finances separate for now.

make her pay it off or dump her.

ah, don't marry into debt. there is absolutely nothing you can do. unless this is a school loan she is paying off after graduating i would suggest waiting to get married until she paid it off. i personally think going into a marriage with a huge debt is irresponsible for both parties. it will be your responsibility when you marry her no matter what. if it was a school loan that is a good reason to be 14k in debt, but if she has a problem controlling her finances i would say that is a red flag right there, ask any expert.

Negotiate with the credit card company and get a lower interest rate so when your fiance (or you) pay the monthly bill, more of the money is going towards the principle. And make sure your fiance pays on time. It's a slow process but if your fiance commits to paying let's say $300 per month, the 14k debt could be paid off in about 4 years. And it won't affect your fiance's credit report.

I guess I end up inheriting this debt when we marry? Is there anything I can do?
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