Protect Your Credit from Post-Breakup Risks: 6 Essential Strategies

Safeguard Your Credit After a Breakup: 6 Key Tips

Endings can have unforeseen financial consequences, especially if your ex-partner misuses your credit information. Joint accounts or authorized user statuses can pose risks, leading to unexpected charges and damage to your credit standing. Here's how you can defend your credit health and prevent misuse by an ex.

Remove Ex as Authorized User
Contact your credit card issuer to revoke your ex’s authorization immediately. This prevents them from accessing or using your card, helping to secure your credit profile. If you prefer, you can also request your name’s removal from the account altogether.

Close or Separate Joint Accounts

Agree on payment responsibilities to keep your credit intact.

Update Your Address
Notify all lenders about your new residence to ensure you receive all mail and avoid misdirection.

Request New Account Numbers
If you suspect misuse, ask creditors to assign new account numbers to protect your information.

Place a Fraud Alert
To prevent identity theft, set a fraud alert on your credit reports. It prompts creditors to verify your identity before issuing new credit.

Implement a Credit Freeze
Once the fraud alert expires, freeze your credit report to restrict access, preventing fraudulent accounts from being established under your name.

Regularly review your credit reports to catch any suspicious activity promptly. If you notice unauthorized accounts, provide evidence to dispute fraudulent activities. Stay informed about credit safety by following industry updates and advice.

Maintain vigilance, update your financial details, and protect your credit future after a breakup.