Join us as we navigate the complex world of student loans and credit management during a divorce, featuring insights from Angela Kim, known as Angela the Credit Boss. Discover how divorce can unexpectedly damage your credit score, even without a contentious split, due to shared financial responsibilities like co-signing on student loans or mortgages. Angela shares a critical revelation about student loans: each semester constitutes a separate loan, meaning you could have multiple loans per child on your credit report. She also introduces the Parent PLUS Loan, a federal loan for your child's education that impacts only the parent's credit. Angela suggests a strategic approach to splitting loan responsibilities by alternating years between parents, helping to ensure a fair distribution of the financial burden. Listen in as we discuss the importance of maintaining good credit as a financial safety net during and after a divorce. Drawing a parallel between medical and financial health, we stress the need to stay vigilant with on-time payments and the benefits of using tools like auto-pay to manage multiple loans. Angela offers practical advice on using tools like Google Calendar to keep track of payments and due dates, emphasizing personal accountability during financial transitions. With her expertise, Angela provides invaluable guidance on managing your finances and credit effectively, ensuring you're well-prepared for life's changes. Connect with Angela through phone, text, email, or Instagram for further assistance on streamlining your financial responsibilities.

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