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Listen "Preventing Credit Score Damage During Divorce Proceedings"
Episode Synopsis
Divorce can indirectly affect your credit score through joint accounts and co-signed loans. Close joint accounts, refinance loans, and automate payments to protect your credit. Rebuild your credit post-divorce by opening individual accounts, paying bills on time, and keeping credit utilization low. Long-term financial planning is crucial for maintaining credit health. Regular monitoring and responsible credit management are essential for financial stability post-divorce.
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