Stay-at-home moms play an invaluable role in society. While you may have relied on your husband to provide financial support, you also worked hard during your marriage to raise good kids and take care of the house. Unfortunately, though, you may have discovered that you have virtually no credit.
Building credit is important for a variety of reasons. Put simply, if you want to secure financial freedom, your credit score matters. While starting from scratch may seem daunting, developing a solid credit history may be easier than you think. Here are some tips for building credit after a divorce:
If you have chosen to end an unhappy marriage, the world is your oyster. Still, you want to work toward a secure financial future. Building good credit is an effective way to get there.