Former Wife hasn’t had a credit card in years, since her ex refused to pay off a debt as court-ordered.
An accountant recommends the following steps to repair (or establish) your own credit after divorce:
- Address any black marks on your credit history with the credit reporting agencies and clear things up as best you can.
- Be prepared to start over, most likely with a secured credit card with a low credit limit. Apply for unsecured credit every year or so.
- Earn more money.