What is Credit Score Dating:
Even Cupid wants to know your credit score, stated an article in NY Times. Credit scores are derived from a complex formula that weighs factors such as outstanding debt, payment history and new credit lines. The three-digit number is used to predict the likelihood of delinquency on obligations from credit card bills to a mortgage. Knowing your partner’s credit situation helps members prepare for their futures with open eyes. For many singles, bad credit can be a deal breaker when finding love. A recent study reveals that 20% of men and 30% of women between the ages 21- 34, say they won’t marry someone with a poor credit score. Most respondents also say money management skills are just as important as looks when deciding whether someone is worth pursuing. While 57% of men say that credit scores play into their dating decisions, a staggering 75% of women said they consider the numerical rating. Within the last 6 years, dating based on financial stability and credit score ratings has become very popular in the American culture.