Separating or getting divorced? 6 things you need to know to prevent spiralling into bad credit: Tip 4

Protect your financial future, preventing bad credit and/or knowing how to re establish your credit history can open many doors for you in the financial world. Fair Go Finance can help you navigate through it.

There are not many events in life that can turn your organised and future planned world into complete chaos. One situation that tops this list is the very shattering, emotional rollercoaster ride of separating or getting divorced. Sadly, time and time again, couples facing the upheaval of separating will inevitably slip and not fulfill their joint financial obligations. Consequently this adds more devastation to their fractured lives as moving forward is thwarted when they are told they are declined a loan or any form of credit because of their recent bad credit.

What has happened? And what can you do during this difficult time to protect your credit file?

Over the next month Fair Go Finance will expose many pitfalls and provide 6 helpful tips to help those entering this difficult time. Our first tip addresses the very distressing event when one person is forced or chooses to move out.

Related Articles

managing bills and loans

Three tax tips to know before lodging your return

Do you ever work from home? Or use your home internet or personal phone for work purposes? Perhaps you’ve been doing some extra work as an Uber driver or renting

Read More
FairGo Finance Blog Header

4 Smart Ways to Revitalize Your Pipeline

Has 2014 started a little slow for your business? Using this quieter time to plan and organise the following strategies will set the groundwork for revitalizing your most important asset,

Read More
FairGo Finance Blog Header

Do you have a short term cash problem and need a loan?

By Paul | Monday, January 1, 0001 Applying for a loan Do you have a short-term cash problem? Don’t worry, you are not alone. Every day there are Aussies struggling

Read More

Are you eligible to apply?


It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.

Check your options before you borrow:
For more information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor.

Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan.
If you are on government benefits, ask if you can receive an advance from Centrelink.

The Australian Government’s MoneySmart Website shows you how small amount loans work and suggests other options that may help you.

* This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.