HELP! Bad credit rating not our fault...

[nothing2lose]

Did your DH agree to his name being used as a company director? Did he sign an agreement/contract??

[Teeki]

Unfortunately it's part of being a company director, your DH was responsible for those bills too. Unless he's been given a position in writing where it states he has limited liability and responsibility. If it's a company and he's a shareholder he may also have a very small holding compared to your FIL. I'd get things like that in writing and if it's clear your DH is basically a name on paper and isn't responsible for the late payments, you can give it to your financial institution and ask them to re-assess.

[CoNNiE_Melb]

Did your DH agree to his name being used as a company director? Did he sign an agreement/contract??

Yes he did. Dumbest thing he's ever done, but I doubt he thought through the implications of doing this 'favour' for his dad.

At the time I remember specifically saying 'As long as it doesn't affect us financially...' To which DH said 'Naa dad told me it won't'. Yeah right!