Filing for divorce? Expert reveals tip for protecting your money from your ex – it could change your financial future
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AN EXPERT has revealed a sneaky tip for protecting your money from your ex which could transform your independent financial future. As the new year might be a time for new beginnings, it also signals the start of the end for many couples with January 6 dubbed Divorce Day.
![[The new year signals the start of the end for many couples (stock)]](https://www.thesun.co.uk/wp-content/uploads/2025/01/divorce-wedding-cake-961996445.jpg?strip=all&w=960)
The first Monday of the year has been given this name as it's believed to be the most popular day for couples to begin their divorce proceedings. There have been roughly on average an unbelievable 116,572 divorces a year over the past two decades, according to the Office for National Statistics.
![[There have been roughly on average an unbelievable 116,572 divorces a year over the past two decades (stock)]](https://www.thesun.co.uk/wp-content/uploads/2025/01/divorce-signing-hands-couple-document-961996614.jpg?strip=all&w=960)
And one expert has given key advice that you should keep in mind if you are proceeding with a divorce this new year - protecting you and your cash from your ex. MoneySuperMarket personal finance expert Kara Gammell has advised people to ensure they have protected their credit score if opting for a divorce.
![[An expert has revealed a sneaky tip for protecting your money from your ex (stock)]](https://www.thesun.co.uk/wp-content/uploads/2025/01/equality-men-women-law-961996399.jpg?strip=all&w=960)
She said that, despite changes to the legal status of a relationship not having an impact on someone's score, it can have an effect if partners have financial agreements in both names. Kara explained to Sky News: "For example, a mortgage, loan or bank account, your credit reports will be linked through what is known as financial association.".
She added that this means that if your ex has "missed payments, defaults or other negative information," it could your impact your credit report - worryingly "even after you separate". The expert added that people should submit a request to be financially disassociated from their former partners when any shared finances or credit agreements come to an end.
