Personal credit reports can provide a wealth of information. Too many times, this information proves to be surprising. In today’s “quick credit here” world, it is far too easy for a spouse to obtain credit that is tied to his/her spouse. For instance, who among us has not received a “you’re pre-approved” credit card offer? It would certainly be easy for a spouse to list his/her spouse as a co-cardholder without the spouse’s prior knowledge.
Therefore, it is generally a good idea for a separating/divorcing spouse to obtain a copy of his/her credit report both, to verify its accuracy and to prevent any unfortunate surprises after receiving a divorce. Obtaining a copy of your credit report can be done quickly, easily, and inexpensively.
As Ben Franklin said, “An ounce of prevention is worth a pound of cure.” If you find out before your case is resolved that there are incorrect or even fraudulent entries on your credit report, you can definitely do something about it. If you find out after you’re divorced, maybe you can and maybe you can’t. Why take the risk?