Is asking for your credit score really the new “What’s your sign?”
On Tuesday of last week, The New York Times published a report in their business section detailing some man-on-the-street tales of singles being asked their credit scores on the first date.
On Tuesday of last week, The New York Times published a report in their business section detailing some man-on-the-street tales of singles being asked their credit scores on the first date. The article also recounted some members on financial forums discussing whether to end a relationship over a partner's poor score.
According to the caption of the article, “even cupid wants to know your credit score” these days. But is that true?
Fortunately, no. Obviously, it's not off the table that you'll be asked a prying financial question on a blind date, but it seems to be much more of an etiquette issue than a burgeoning trend in the dating world. The author was only able to come up with a few concrete instances, and vague affirmations from mostly anonymous experts.
The founder of MoneyZen Wealth Management, Manisha Thakor, was one of the experts interviewed for the article.
“I’m getting twice as many questions about credit scores as I did pre-recession,” Thakor said. However, that doesn't mean that all (or any) were related to how a boyfriend or girlfriend's credit could be used in the dating world.
In fact, even if you married said partner, your credit score would not be affected. The only circumstance under which you would see any financial difference from your single life would be if you decided to take out a joint loan on a car. Depending on your spouse's score, you may face a higher interest rate than you would have before.
If you're struggling with your credit score or making payments on time, you should consider speaking with one of the bankruptcy law attorneys at Atlas Law Firm. Our experienced staff can review your case and determine if bankruptcy is the right course of action for you.