Your Credit Score May Impact Your Dating Life

Your Credit Score May Impact Your Dating Life

(Link):   A bad credit score could affect your dating prospects

(Link):  When You Should Ask A Date For Their Credit Score

(Link): Study: Bad credit score has impact on dating life

(Link):  Survey: Low credit scores might scare away potential mates

(Link):  More research stresses financial compatibility in relationships

(Link):  Your date won’t call you back because your money habits are terrible

(Link):  42% of Americans Say a Person’s Credit Score Affects Romantic Interest

(Link):   Looking for love? A poor credit score can make you less attractive in the dating scene.

 |May 11, 2017

…Almost two in five U.S. adults said knowing someone’s credit score would affect their interest in dating that person, according to the Bankrate.com report released this week.

And which sex is more likely to consider a credit score a major influence in their dating decision?

It’s women.

Fifty percent of women said a certain credit score might have them think twice about dating someone, while just 35 percent of men said it would factor into the appeal of a date, according to the latest Bankrate Money Pulse survey, which was conducted April 20-23 by Princeton Survey Research Associates International with a nationally representative sample of 1,000 adults living in the continental U.S.

Here’s some additional data from the survey:

— Older millennials (27 to 36) are the most likely to be concerned about credit scores.

— Younger millennials (18 to 26) are most likely to say it has no impact at all.

— Nineteen percent of Americans think credit scores are never an important factor in a relationship.

So when is a good time to reveal your credit score while dating?

Six percent of the survey respondents thought that people should share credit scores within the first few dates.

That’s way too soon to share such intimate details of your financial life.

Thirty-seven percent of the survey participants said people should share credit score information after dating a few months, and the same percentage said swap scores after getting engaged.

Keep your personal finance details to yourself until you’re serious. What you should be sharing and finding out during the dating period is the financial values the person has.

Is he a good saver?

Does she think having a lot of debt is no big deal?

How generous is the person?

“It’s probably not a great idea to ask for someone’s financial history on the first date,” said Mike Cetera, credit card analyst at Bankrate.com.  “However, it’s better to know if a potential partner has a history of bad financial decisions before the relationship goes too far, especially if you plan on making large purchases together or sharing bank accounts.”

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