As you may know, divorce can create financial difficulties. Now you must get by on one income, and your credit may suffer for it. In fact, as many Texans know, getting a divorce can be ruinous to one’s credit – even if it is a relief to get out of a miserable marriage.

Bankrate explains that the end of a marriage can be especially hard on women’s credit reports. If you stayed home to raise the children and take care of the house during your marriage, you might not have enough credit in your own name. As you try to adjust to making ends meet by yourself, you may find it difficult to pay your bills on time. Your ex-spouse might not be paying his or her share of the marital debt, which can also negatively impact your credit.

So, what can you do to repair your credit? The following tips may help:

  • Get copies of your credit report and check for inaccuracies.
  • Consider contacting your creditors to work out a payment arrangement you can live with.
  • Establish credit as soon as you can by getting a credit card or car loan.
  • Be sure to pay your bills on time, which can have a significant impact on your credit report.

The first few months or years after a divorce can be difficult, both emotionally and financially. However, it is possible to repair bad credit when you are patient and make wise financial decisions. Since this topic can be complex, the information here is not meant to replace the advice of a lawyer.