Common Ways Divorce Can Negatively Impact Credit Scores

Divorce can significantly impact your financial stability and credit score. This video highlights how missed payments, high credit utilization, loss of income, and the costs of legal proceedings can affect your credit. It also offers steps to protect your credit during and after a divorce, such as monitoring your credit, settling debts mutually, creating a new budget, and seeking professional financial advice. For legal support and more information, visit https://divorcego.ca/impact-of-divorce-on-credit-score/ or call (416) 792-5400.