How single parents can improve their credit score

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If you've become a single parent, one of the first things you should do is to take stock of your financial situation.

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Many single parents end up in debt or will struggle with finances when they suddenly find themselves alone with a child.

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While you may be able to get back on your feet soon, your credit score may take some catching up to do.

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One of the best ways to get started is with help from a credit building platform like StellarFi to boost your score.

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With StellarFi, you can get a free credit report. Check to spot anything incorrect or anything that can be fixed.

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When you pay even a bit more than the minimum amount on your credit card, you'll make building credit easier.

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Separate financially from your ex so their debts and defaults don't hurt your credit file. Close joint accounts if any.

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Don't apply for too much credit. Too many credit checks can increase the chances of you getting rejected.

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The good news: You can start building credit right away. With the right moves, you can be credit ready soon.

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