BROOMALL, Pa. — Franklin Mint Federal Credit Union Vice President of Lending Allan Stevens recently appeared on CN8′s Money Matters Today.

During his interview with host, Mary Caraccioli, he spoke about credit challenges couples face when preparing for marriage, and how marrying may affect their credit score.

Stevens corrected the fallacy that lenders look at a combined score when couples apply jointly for credit, loans and mortgages. In reality, lenders see two different credit files and credit scores, one for each borrower. He said there is no magic merging of credit files upon marriage.