Divorce Credit Mistakes That Can Cost You For Years episode artwork

EPISODE · Mar 25, 2026 · 40 MIN

Divorce Credit Mistakes That Can Cost You For Years

from Off the Fence with Karen Covy: Mastering Decision Making, Divorce & More · host Karen Covy

If you're going through a divorce, there's a financial landmine hiding in plain sight that most people don't even think to check … and it could cost you years of headaches after your divorce is over. In this podcast episode, consumer protection attorney Jim Smith explains how credit reports actually work, why errors happen more often than people think, and how consumers can spot credit mistakes during their divorce before they cause serious financial damage afterward.Jim explains how common credit mistakes, from identity theft to identity confusion and mis-reported credit information, can quietly wreak havoc on your credit score. He also walks through the specific red flags you should look for when reviewing your own report. He also reveals the one legitimate website where you can pull all three of your credit reports completely free, and how to tell the difference between a soft and hard inquiry.Jim also talks about the divorce-specific scenarios that most people (and even many divorce attorneys!) never even think about. From joint credit cards to authorized user accounts, Jim outlines the surprisingly easy steps that, if taken during the divorce process, could save you from a financial nightmare on the other side.About JimJim Smith is a consumer protection attorney with over 20 years of experience litigating under the Fair Credit Reporting Act. He specializes in reviewing credit reports during divorce to help clients identify errors, identity theft, and joint account issues that could impact their financial future post-divorce.Connect with JimYou can connect with Jim on LinkedIn at James Smith.  To learn more about working with Jim, visit his website at Fair Credit Attorneys.Free Annual Credit ReportYou can get your free annual credit report at annualcreditreport.com.Karen Covy is a Divorce Coach and Consultant, Lawyer, Author, and Speaker who is dedicated to helping people make the best decisions possible for themselves, their families, and their future - especially in stressful times. You can check out Karen's videos on YouTube.You can connect with Karen on LinkedIn, Facebook, Instagram, Twitter, and on her own website at karencovy.com.

If you're going through a divorce, there's a financial landmine hiding in plain sight that most people don't even think to check … and it could cost you years of headaches after your divorce is over. In this podcast episode, consumer protection attorney Jim Smith explains how credit reports actually work, why errors happen more often than people think, and how consumers can spot credit mistakes during their divorce before they cause serious financial damage afterward. Jim explains how common ...

NOW PLAYING

Divorce Credit Mistakes That Can Cost You For Years

0:00 40:09

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Frequently Asked Questions

How long is this episode of Off the Fence with Karen Covy: Mastering Decision Making, Divorce & More?

This episode is 40 minutes long.

When was this Off the Fence with Karen Covy: Mastering Decision Making, Divorce & More episode published?

This episode was published on March 25, 2026.

What is this episode about?

If you're going through a divorce, there's a financial landmine hiding in plain sight that most people don't even think to check … and it could cost you years of headaches after your divorce is over. In this podcast episode, consumer protection...

Is there a transcript available for this episode?

Yes, a full transcript is available for this episode. You can read the complete transcript on the episode page.

Can I download this Off the Fence with Karen Covy: Mastering Decision Making, Divorce & More episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!