If i have a POA, is our credit then linked together?

1 answer | Last updated: Sep 15, 2016
A fellow caregiver asked...

If I obtain a loan, will this suddenly affect the person's credit whom I now have poa for? This person is a significant other and is out of the country.

Expert Answers

If you obtain a loan, it will NOT affect the credit of a person you have power of attorney for. The fact that a person has given you a POA does not legally mean that that person's credit is in any way linked to yours.