Picture this: You and your spouse find the perfect home. You're eager to make an offer, but before you do, you visit a mortgage banker for a pre-approval. They run the numbers, and you sit back and relax, knowing you, the meticulous bill payer and responsible card user, are in a good spot.
But then, his eyebrows furrow. He shows you an item on your credit report, a charged-off Macy's credit card. The only problem is that you've never had a card with them. Your spouse is surprised, too.
