Building Credit After a Divorce When people marry they look forward to many years of emotional togetherness. Most married couples blend their financial lives, as well. When couples divorce, the emotional togetherness is broken. But the financial ties are often not as easily broken. In fact, the financial impacts of divorce can continue for many years. If you are among those who may be facing divorce or who have recently gone through a divorce, you should be aware that divorce could have extremely adverse effects on your credit. Fortunately, there are some things you can do to avoid or minimize those consequences.