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What You Need To Know About Divorce And Your Credit Score

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Conversations About Divorce

Conversations About Divorce

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The data breach at Equifax has many of us monitoring our credit score more closely now but the data breach isn't the only threat to your credit score. Divorce is a common time when many people become aware of their score and the decisions that you make leading up to the end of your marriage and in your divorce settlement can have a significant impact on your score.

Coming at a time when you may be applying for a credit, such as refinancing, a car loan or a new credit card, a lower credit score could mean higher interest rates or even worse, no loan.

If your spouse was financially irresponsible, is there anything you can do to protect yourself?

How do you manage this transition to minimize the impact on your creidt score?

And if your credit score is in the tank, how long does it take to improve your score?

Joining Mandy for this episode is money blogger Samantha Gregory from Rich Single Momma where you can download Samantha's Budget Sanity Worksheet

Visit Mandy's blog Since My Divorce for a synopsis of this show and more vital information to help you manage your divorce.

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