How to Protect Your Credit After Divorce

You know that going through a divorce is costly, and that your income and expenses will be different post-divorce. There are, however, some ways to prevent your ex from ruining your credit, according to U.S. News.

First, look over your credit report to make sure there are no mistakes. You should no longer be a co-owner of any of your spouse’s credit cards, and vice versa. Don’t forget to close or split joint accounts. Anything that has your name on it will make you liable for charges. Having your name, and only yours, is your safest bet. This is also useful if you end up remarrying—remember, financial problems can often lead to marital problems as well.

Next, take a look at your outstanding debt and be honest with your future charges. Realize that your budget may be very different, and consider what you can now afford and accept that you may have to spend less.

Read More: here