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:
You’ve met someone you really like. You start to imagine life with the person long-term. You plan the wedding, the 2.5 kids and even figure the kind of dog – or fish – you will get after you settle down together. How those dreams go will depend a lot on the type of credit rating […]
o matter how much information is available, people still have questions about credit and credit scores. Part of the problem is that some of the information is inaccurate and other times it is just confusing. Here is a look at three of the most common questions asked. 1. Can I Get a Free Copy of […]
nless you are trying to buy a new house or car or get a credit card, you may not think much about your credit. Then, you are focused on trying to make improvement quickly. What you may not realize is that your everyday habits have the biggest impact on your credit score. You can make […]
f you have been turned down for credit or a loan because of a bad credit score, you know how important that number is. What you may not realize is that you don’t have just one credit score. You have dozens of scores, multiple ones from each credit reporting agency. And those numbers are hard […]
You signed up for a credit monitoring site like Credit Karma that gives you a free credit score. You got a credit card with a company that provides a free score every month. A second credit card company gives you yet another credit score. When none of them are the same, it can be confusing. […]
f you have bad credit, you may have been told that the only way to get credit is through a secured card. Have one of those, someone said, and it will help your credit score improve. But is a secured credit card a sure thing for someone with bad credit? What is a Secured Credit […]
ou’ve seen the offers from all of the major retailers. You apply for the in-store credit card and receive a percentage off your purchase. The credit card is only good for use in the store or chain of stores and you receive special offers that other customers don’t get. Sounds like the perfect offer, right? […]