Divorce and credit

[Anonymous]

In the process of separating and I suspect my credit is going to take a hit. I had been on his credit card as a co owner for over a decade, and now he took me off. I now have to get my own credit card, but isn't that going to hurt my credit? Does anyone have a suggestion for a credit counseling service that can help me take steps to improve my score? I will need to refinance our house in my name and I need to see if I can improve my score before I do it. Any advice appreciated!

[Anonymous]

Do you know your score and have you pulled your credit report?

[Anonymous]

A single credit card inquiry won't make a lick of difference in your score. Do you know your score?

Source: I design credit card approval models for a living.

[Anonymous]

Anonymous wrote:A single credit card inquiry won't make a lick of difference in your score. Do you know your score?

Source: I design credit card approval models for a living.

Did you even read the OP? Not what she asked at all.

[Anonymous]

Anonymous wrote:

Anonymous wrote:A single credit card inquiry won't make a lick of difference in your score. Do you know your score?

Source: I design credit card approval models for a living.

Did you even read the OP? Not what she asked at all.

Uhm: " I now have to get my own credit card, but isn't that going to hurt my credit?"

I'd say that's exactly what she asked you fucking moron.

[Anonymous]

Ip here, please, I need just advice. I thought opening up a new line of credit hurt your score. Also, without my stb ex card, I literally have no credit line. So I have no choice but to open a new line of credit. Are there credit counseling agencies out there, not for profits?

[Anonymous]

Anonymous wrote:Ip here, please, I need just advice. I thought opening up a new line of credit hurt your score. Also, without my stb ex card, I literally have no credit line. So I have no choice but to open a new line of credit. Are there credit counseling agencies out there, not for profits?

You aren't listening. You don't need credit counseling to open up a new credit card for Christ sakes. Credit counseling is for people with bad credit and lots of debt. This is like someone who needs help with meal planning walking into a soup kitchen.

If you have a good credit history, opening up a credit card isn't going to make a shitlick of difference in your score. In fact it might even help because you may have a thin file at the bureaus by the sounds of things. Again, do you k ow your FICO score? If not, do you need instructions on how to get it?

[Anonymous]

My credit did not take a hit due to my divorce, though I did have two revolving accounts in my name.

[Anonymous]

Anonymous wrote:Ip here, please, I need just advice. I thought opening up a new line of credit hurt your score. Also, without my stb ex card, I literally have no credit line. So I have no choice but to open a new line of credit. Are there credit counseling agencies out there, not for profits?

Why are you so scared to open up a credit card? Gosh, you sound helpless.

[Anonymous]

OP, opening a line of credit may actually help. You need develop some kind of track record.

Just make sure to keep it paid off if you can (says the woman who built up a lot of -post-divorce debt on "fun" stuff like groceries and utilities).

[Anonymous]

Also, The Women's Center in VA offers financial planning help for women going through separation and divorce:

http://www.thewomenscenter.org/

[Anonymous]

Anonymous wrote:

Anonymous wrote:Ip here, please, I need just advice. I thought opening up a new line of credit hurt your score. Also, without my stb ex card, I literally have no credit line. So I have no choice but to open a new line of credit. Are there credit counseling agencies out there, not for profits?

Why are you so scared to open up a credit card? Gosh, you sound helpless.

hopeless even.