After your divorce, your credit score can go a long way toward making your transition a little easier or a lot more difficult. Your credit score will come into play if you want to refinance your home to get your ex-husband off the mortgage or if you want to rent an apartment after you’ve moved out.
Need a new car? Your credit score will determine your interest rate or even if you get approved for a loan at all. Have to go back into the workforce? Many employers check the credit reports of job candidates. A good credit score means that you’ll be approved for the loans you need and could save hundreds a month on lower interest payments!
Here’s how to start nudging your credit score up before your divorce.