Unpaid child support and credit reporting

On Behalf of | Jan 10, 2024 | Blog, Family Law |

If a parent fails to make child support payments, they accumulate as arrears. Unpaid child support can lead to various consequences, including credit reporting.

Credit reporting plays a crucial role in determining one’s financial standing. Parents struggling to pay child support should understand how this could impact their credit.

Reporting to credit bureaus

Credit bureaus are responsible for collecting and maintaining information about an individual’s credit history. They gather data from various sources, including lenders, utility companies and public records. According to the Florida Department of Revenue, the state reports back child support to these bureaus when parents who owe over $400 in back support (or two months’ worth of arrears) fail to address their obligations.

When it comes to credit reporting, back child support can have a significant impact on one’s credit score and overall creditworthiness. This can make it harder to obtain credit in the future.

Staying current on child support

To avoid credit reporting for back child support, the most crucial step is to make child support payments consistently and on time. Parents struggling to pay support could benefit from looking into the possibility of modifying their child support order. Communicating with the custodial parent and establishing a clear payment plan can also help.

Paying child support is not only a legal and moral obligation but also has implications in terms of credit. By fulfilling child support responsibilities, parents support their child’s well-being and also protect their creditworthiness. Staying informed and making timely payments is key to maintaining a healthy financial profile and a positive relationship with one’s child.

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