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Will they check my credit when I get power attorney over my boyfriend?*

My boyfriend is having me become his power of attorney and I was wondering what I will need to do and will they check my credit?

Answers:

1) NO

2) No it has nothing to do with your credit or anything about you. It is a paper that gives you the power to control (make the decisions) on his behalf should he be unable to do so. It actually is saying he really trusts you a lot and believes he can depend on you. You should feel honored!

3) There is no "they" involved. He signs the form and has it witnessed or notarized according to state law and hands you the form and it's done.

4) There are different types of power of attorney. Some are very specific - to be used, for example, only to purchase or sell Real Estate. More general power of attorney gives the person full decision making authority over that person's finances, contract approval, etc. Most people do not grant this unless they think they might die or believe they are not capable of making judgements themselves for some reason. Of course, your boyfriend and you have to be full legal age in your State to do this. Your credit has nothing to do with being granted power of attorney. But if you have bad credit, you would be acting responsible to let your boyfriend know this before giving you this type of power over his life.

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