Stellar Snippets
If you've become a single parent, one of the first things you should do is to take stock of your financial situation.
Many single parents end up in debt or will struggle with finances when they suddenly find themselves alone with a child.
While you may be able to get back on your feet soon, your credit score may take some catching up to do.
One of the best ways to get started is with help from a credit building platform like StellarFi to boost your score.
With StellarFi, you can get a free credit report. Check to spot anything incorrect or anything that can be fixed.
When you pay even a bit more than the minimum amount on your credit card, you'll make building credit easier.
Separate financially from your ex so their debts and defaults don't hurt your credit file. Close joint accounts if any.
Don't apply for too much credit. Too many credit checks can increase the chances of you getting rejected.
The good news: You can start building credit right away. With the right moves, you can be credit ready soon.