Knowing your partner’s credit score will tell you a lot about their character and spending habits. Before you invest time, emotions and money into a relationship, read below to find out What a Credit Score Reveals About Your Potential Partner.
If your partner has a credit score of 680 or more, then you can expect that they pay their bills on time, use credit wisely and will get excellent rates on loans and mortgages.
Anything below 620 means your partner may have some major character flaws that will lead you to heartbreak, debt and having your own credit score impacted negatively.
There is a correlation between lower credit scores and involvement in poor moral activities such as stealing, cheating, falsifying documents, and fraudulent behavior. Lower credit scores can also reveal an impatient, flighty personality.
In addition to knowing What a Credit Score Reveals About Your Potential Partner, watch out for these signs of bad credit behavior that lower credit scores and lead to a rocky relationship:
- Maxing Out Credit Cards – shows that your partner relies too much on credit and spends more than he/she earns.
- Missing a Credit Card Payment – demonstrates your partner is not responsible.
- Debt Settlement – settling debts to pay only pay a portion of the amount owed shows that your partner spent more than was earned.
- Foreclosure – shows your partner couldn’t maintain regular payments and the lender took back the car or house.
- Declaring Bankruptcy – Filing for bankruptcy stays on a credit report for at least 7 years making it almost impossible to get credit or improve credit scores in that time.
- Applies for Too Many Credit Cards, Opens Many Credit Accounts and Applies for Many Loans – too many accounts shows excessive spending.
- No Checking or Savings Account – indicates there is no record of income or savings making your partner a high credit risk.
- No Credit Card – having no credit card, or using no credit of any kind indicates that your partner is not able to get credit or loans.
Finding out your partner’s credit score can help you predict if you will have a happy life or if you will be struggling with debt, or worse. Check out our info graphic below called What a Credit Score Reveals About Your Potential Partner, then go ask your partner for their credit score now!
If you enjoyed this infographic and would like to share it. Here is the code so that you can place it on your site:
f you have a large amount of debt, it can be overwhelming to think about. Where do you start? How long will it take? If you have a large goal like purchasing a home, you may think it can never happen. However, if you create a plan for getting out of debt, you will find […]
ou have a busy schedule with numerous obligations. As much as you might like to, you don’t have a lot of time to spend managing your credit. However, it is essential that you monitor it if you are planning to buy a car or home in the next few months. Apps that you can download […]
hen you are looking to improve your credit score, you may think that number will never go up. One mistake and it drops immediately. More than one negative on your credit report, and you may think you are forever doomed. While it does take time to see the ill effects of your mistakes diminish, there […]
redit scores are confusing. It seems that everything you do in some way affects your credit score. However, while this may feel like the case, in reality not everything about you impacts your score. Even if it is reported on your credit account, it won’t change your score. Let’s take a look at some information […]
ou often hear the advice to get a credit card if you want to raise your credit score. But often no one tells you how, especially if you have a bad credit score and are turned down by credit card companies. These same advisors may not tell you how to utilize your credit cards to […]
ollege students can benefit from having a credit card before they graduate. It helps them establish a credit history that they will need to rent an apartment or buy a car. In addition, it will help them in the future when they want to buy a home if they have a long and positive history […]
he main reason people have low credit scores is because they can’t pay their bills. While it may simply be a lack of credit history for some, most people have a separate issue with late payments and unpaid collections. Having a bad credit score doesn’t mean you are a bad person or even irresponsible. The […]