Breakups are tough enough, but if you shared a credit card or another account with your former boyfriend or girlfriend things could get nasty.
A scorned ex-lover might seek revenge by running up the balance on your joint credit card. Or, if they have access to your account information, they could drain your bank account. Worse, with your social security number, they could open accounts in your name.
After a breakup, it’s important to sever ties, especially financial ones. Sometimes that’s easier said that done. Still, do what’s necessary to keep your ex from ruining your credit.
Read More
- Will Divorce Affect Your Credit Score?
- Rebuilding Credit After a Divorce
- Dealing With Debt in a Divorce
Source: About.com
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