A person’s credit score or credit rating is typically a piece of information that’s considered private and isn’t revealed until later in a relationship. It isn’t always possible to tell by what kind of job they have, the clothes they wear or the car they drive.
Many people who appear to be doing quite well are really living on credit and have themselves fully extended or even overextended. On the flip side, some people who don’t seem to have much, have great credit scores because they only spend what they have and don’t use credit irresponsibly.
It makes sense that people don’t want to get involved with someone that has a poor credit score, because if it gets serious that score could affect both of them. That’s why some would-be daters are doing something about it.
Putting Love on Hold
More and more people are putting love on hold just long enough to find out about the other person’s credit. It might seem unnatural and not genuine, but with so many different types of credit available, it’s important to find someone that has similar financial values. It’s not terribly uncommon for men and women to date someone based on their occupation or salary, so waiting for the credit score isn’t really too much of a stretch.
In fact, there is even a website that enables you to provide the information so others can use it when deciding if you are worth dating or not. The membership of the site continues to grow as more people hear about it, which indicates just how important credit score can be in the dating process.
What It Tells You
A person’s credit score gives clues to factors such as outstanding debt, what their payment history looks like and new lines of credit. A low credit score might show that they don’t take their credit seriously, they don’t make enough to cover all of the credit they’ve taken out or they’re going to have intermittent troubles paying bills, mortgage or rent payments or buying groceries to meet those credit payments.
The score won’t tell you everything, but it will tell you if the person is in bankruptcy or consumer proposal or a similar plan. If you have had a bad experience before, finding this out before things start heating up may prevent some headache and possibly even heartache, later on.
The appeal or attractiveness of a good credit score doesn’t necessarily have to do with the thought of getting more gifts or going on trips. The appeal lies in the perception that someone with a good credit score is responsible and takes care of their obligations before they turn into problems.
Statistics show that the credit score attraction is more prevalent among women, but a lot of men also find it appealing. After all, women are just as eligible to take on multiple forms of credit as men are, and the potential to encounter problems is just as great.
Not the Only Important Factor
No matter how important a person’s credit score is to you as part of the dating process, don’t forget that there is more to it. A similar credit score might make you more compatible, and you may have bad experiences dealing with someone else’s credit issues, but don’t get carried away.
Physical attraction and having things in common other than your financial status are equally important to a successful relationship, if not more so. Ideally, the credit score should be used “in addition to” the other factors. Credit scores can change, but if you aren’t attracted to someone now, there’s a good chance it won’t magically happen later on.
Along with the normal physical attraction, things like similar religious views, similar health and fitness views and similar hobbies make a complete package. Someone who has a great credit score, but loves eating meat when you’re a vegetarian may not work. Someone who wants to relocate to a warmer climate while you love skiing every winter might not work out.
So, look for the ideal combination when seeking a partner, and take the steps necessary to get your own credit score in order so it works both ways. Don’t assume credit just because you can, make all the payments you do have on time, and take your overall financial life seriously.
If you’re already in some trouble, formulate a plan to get everything back to where it needs to be, for an easier existence and a more active dating life.
This article is brought to you by Jonathan Baker. He works as a finance consultant at Ontario, Canada. He is dedicated in giving expert analysis and advisory in finance, bankruptcy and credits to individuals, students, entrepreneurs as well as firms and organizations. And he use the knowledge gained from these experiences to write blogs that I hope will benefit people. You can follow John on Twitter @Jonatha97039368
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