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EX- tra Credit

A recent study of 526 divorced,found that nearly 30% reporting what they considered a significant jump in the credit rating post divorce. The study also found people whose credit scores dropped after divorce were more likely to say finances contributed to the issues than those whose credit scores improved.Those who were in charge of money during marriage were just as likely to report an increase in credit scores after divorce as those who weren’t the financial decision-makers, and going into marriage with a better credit score than the spouse didn’t mean the respondent achieved better credit scores after divorce. While divorce may not help or hurt your credit rating, it is important to know what it is.

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