Given the current divorce rate in the country if one spouse has good credit established,then it is equally important for the other spouse to establish credit in his or her own name.

Question

Quizplus · Accepted Answer

This is because in the event of a divorce, the spouse with no credit may have difficulty obtaining credit in the future without a co-signer or having to pay higher interest rates. Establishing credit in one's own name can provide financial independence and security.

Given the Current Divorce Rate in the Country If One