Financial Compatibility in Relationships: The Importance of Good Credit Scores

Financial Compatibility Good Credit Scores

Financial compatibility in relationships is very import. A recent study by the online lending exchange, LendingTree, has shed light on what people look for in a romantic partner. Good credit scores are a huge factor in a healthy relationship. The survey of over 2,000 participants showed that both men and women believe that a person becomes more attractive when their income is higher than their debt. The more someone makes, the more unattractive they consider someone else's debt to be - particularly for those making $75,000 a year or more.

Another survey by TransUnion, a credit-scoring company, revealed that nearly a quarter of Americans believe that a good credit score makes someone more attractive. This highlights the importance of credit scores in the dating world and how they can impact one's dating life.

Debt and Divorce: A Study Reveals the Surprising Connection Between Money Problems and Relationship Woes”

Utah State University did a study on financial compatibility in relationships and found that couples who argue about money once a week are over 30% more likely to divorce than those who have the occasional financial spat. Who knew that having more debt could lead to more unhappiness in a relationship? So, if you're on the lookout for your soulmate, it might be a good idea to check their credit score first. Just saying!

To see more into this study of how financial combability in relationships, the full article is here! But for now, let's talk about love and debt. You know that feeling when you're head over heels for someone and then you find out they have more credit card debt than the national debt? Well, it turns out that this financial compatibility might be more important than we thought.

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Debt and Dating: A Growing Trend

The results of these surveys show that financial responsibility equals financial compatibility in relationships. This is becoming an increasingly important factor in relationships. In a report by online lender SoFi, debt was found to be a significant deal breaker for around 20% of millennials. This is a change from the past, where other factors such as career prospects or workaholic tendencies were prioritized over financial stability.

Debts, Confessions, and Relationships

It's no secret that money is a source of stress and tension in many relationships, so how can two persons have financial compatibility in their relationship if both are under financial stress? A recent survey by LearnVest showed that finances cause more tension with partners than their sex life. Nearly 60% of the respondents said they would rather be single than marry someone with bad financial habits.

Financial Compatibility in Relationships: The Importance of Good Credit Scores

It's not surprising that most singles on the dating scene would rather keep quiet about their debts. In fact, 39% of millennials would rather confess about having an STD than admit their outstanding debt to a new partner, according to SoFi.

So What Does All This Mean For You?

Financial Compatibility in Relationships: The Importance of Good Credit Scores

The trend towards prioritizing financial compatibility in relationships is likely to continue, and it's important for individuals to be aware of their financial standing and habits. A good credit score not only demonstrates financial responsibility but also shows a potential partner's ability to manage their finances and make smart financial decisions. Whether it's school debt or credit card debt, the results of these surveys show that debt is a crucial factor in determining relationship compatibility.

Financial Compatibility in Relationships: The Importance of Good Credit Scores
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