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If you are the co-buyer on a vehicle with your spouse and you are considering a divorce what can you do to protect your credit?

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2015-07-16 19:21:40
2015-07-16 19:21:40

The only way to be sure is to make the payments. Even if the court orders your ex-husband to make the payments, that doesn't mean that he will.

You should consider getting some other credit going on your own now, while you still have good credit. This will help if you have to re-build your credit on your own.

Find out what car dealers don't want you to know at www.dealertricks.com

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You don't. If the cobuyer has possession of the vehicle and is no longer making payments, you as the buyer may take possession and either take up and make current the payments, or voluntarily surrender the vehicle. Failure to do so will result in repossession, and will adversely affect your credit.

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