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Divorce and your credit score


Divorce And Your Credit Score
Published: 2nd November 2006 - Category: Bastow Blogs - Author: Lynne Bastow

Where’s our money gone?

Once the decision to separate is made it is important to protect your credit score. It it easy to check your rating on either experian or equifax.

Not protecting your credit score can prevent you being able to afford to purchase a house post separation. An excellent score will result in interest rates on a mortgage being offered at around 4.2%, a poor score can double that rate.

KEEP PAYING THE MORTGAGE

Even if you have moved out of the former matrimonial home, if your name is on the mortgage then allowing it to go into arrears will have far reaching financial consequences for the future. No matter how much you want your spouse to suffer, don’t cut off your nose to spite your face!

Lynne Bastow Divorce Solicitor

Meet Lynne Bastow

With over 16 years experience, Lynne can provide excellent and valuable advice and has a friendly, positive approach towards all her clients, ensuring you get the best service possible.

Read Lynne's Books

If you need more information on divorce, Lynne has published two informative guides on divorce, which you can purchase from Amazon.

The Little Book of Divorce

The Little Book of Divorce

Buy on Amazon
The Little Book of Divorce Dilemmas

The Little Book of Divorce Dilemmas

Buy on Amazon
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