The divorce process in itself will have no influence on your credit rating. What can however affect your credit history is the monetary actions of your acts before, throughout, and after the divorce process.

Many couples will have joint accounts and asset, which will need to be thoroughly handled in case of a split, mismanagement and maliciousness, can impact not just your credit rating but also the credit rating of your ex.
In a perfect world, everyone would have the ability to have an amicable divorce where everything is agreed and dealt with in an affordable way with as little hassle as possible.

However, this is not constantly the case and typically the actions of other (through either intent or error) can frequently have severe repercussions, in monetary circumstances, these actions can impact your credit rating.
Your ex misses payments or does not pay at all

A common mistake make is individuals not understanding what a divorce decree really means. The divorce decree may specify that one partner is responsible for managing all joint financial accounts, this does not indicate that the other partner is not also collectively accountable for any loan owed to the account.
As long as the second partners name is on the account then the 2nd partner is still accountable for any financial obligation occurred, and this financial obligation will impact your credit rating. In order to prevent this you will require to make sure that your ex keeps up with payments otherwise endeavour to get your name gotten rid of from the account/ close the account.

You are not able to stay up to date with the regular monthly payments
It is clear that divorce is costly. If you are the one responsible for ensuring that an account earns money then you require to ensure that all your bills get paid on time and completely. You may discover yourself in the position that, after all the legal charges and associated payments or the shift from 2 earnings to one income is excessive, then you may discover that you do not have enough money to pay all your individual and joint bills.

Debt can be extremely simple to fall under but it can feel impossible to leave, however this is not the case. The best method to manage debt is to act smart and quick. The total goal is to guarantee that your earnings is higher than your outgoings, so search for methods to increase your income and decrease your expenses.
What if my ex starts to be malicious?

It is one thing if expenses are not being paid because of negligence or inability to pay, these things can become remedied. It is another thing however when your ex begins to use your monetary situation as a weapon versus you.
If you have joint accounts or if you ex has access to your personal accounts then it will be possible for them to hurt you, and for that reason your credit history, by missing out on payments or making large expensive purchases.

The best thing you can do if you fear that your ex may try to harm you in this method is to attempt to get your name off any joint accounts or close any accounts they also have access to.