I’m worried my husband is in financial trouble again

[Myfanwymama]

Bit of background .. my husband got himself into trouble financially a few years ago and took out some loans in my name ( I didn’t have a clue) anyway, I eventually found out and we had to sell our house to pay off the debt and bought a much cheaper home. He vowed to never keep anything from me again and I forgave him and took charge of all our finances ( he’s not on the current mortgage)
We agreed to be totally transparent about our finances and I have become more responsible about money and hoped he had too. We both work full time and money is still very tight.

I found out last night he has been trying to finance a loan against a property he is a trustee of along with other family members and has also asked a mate for a loan.
I tried to remain calm but I have had a bad feeling for a few weeks now and when I confronted him, he accused me of not trusting him and trying to brush it off. I asked to see his bank account and he is vehemently refusing!
I am in bits! He is obviously hiding something and I don’t know what to do.
I can’t go through all this again, he’s not a bad person but he is awful with money, has had bad luck with jobs and redundancy but I can’t believe he’s gone behind my back again after all we’ve been through.
My gut reaction is to throw him out, but we can’t afford to live separately and our grown up children would be devastated.
I don’t where to turn, I am angry, embarrassed and desperate.

I am sure people will be along in a few minutes to offer better advice, from what I have learned from reading MSE and on here, these leopards never change their spots.
So my advice would be to separate finances, and that might mean divorce. You can still live together, but being divorced means you have no financial responsibility for him.
I would have no patience with this kind of betrayal, and would have packed and left by now.
Hope you can work your way through this

Is he gambling?
have you checked your credit record?

Yes, check your credit score.

how horribly worrying for you. I’m so sorry. He’s probably never going to change.

Tell him that he comes clean or you report him to the police for taking out loans in your name. It's fraud.

Check your credit file in case there's any credit in your name you don't recognise.

I would have left the first time he took out loans in my name though, if it were me. It is Economic abuse. I just couldn't stand the thought of someone who is meant to live me sitting at his laptop and typing in my name, dob, uploading my ID etc, knowing exactly what he was doing to me. It's such a huge betrayal.

"My gut reaction is to throw him out, but we can’t afford to live separately and our grown up children would be devastated"
Your relationship is likely to unravel whatever you are fearful of right now-I'm probably older than you but looking back to my teenage years, every gut feeling I had was right.
Your children are adults now, your gut will be right. Start caring for yourself (maybe saving to leave) as if you don't prepare for this now, it will happen at some point. Quit while you're ahead, at least mentally, if not financially.