Now it’s considered normal to ask if your dinner partner has a decent credit score:
It’s so widely used that it has also become a bigger factor in dating decisions, sometimes eclipsing more traditional priorities like a good job, shared interests and physical chemistry. That’s according to interviews with more than 50 daters across the country, all under the age of 40.
“Credit scores are like the dating equivalent of a sexually transmitted disease test,” said Manisha Thakor, the founder and chief executive of MoneyZen Wealth Management, a financial advisory firm. “It’s a shorthand way to get a sense of someone’s financial past the same way an S.T.D. test gives some information about a person’s sexual past.”
It’s difficult to quantify how many daters factor credit scores into their romantic calculations, but financial planners, marriage counselors and dating site executives all said that they were hearing far more concerns about credit than in the past. “I’m getting twice as many questions about credit scores as I did prerecession,” Ms. Thakor said.
I like Manisha a lot, having interviewed her for my own work. But this is…weird.
I loathe debt. Hate it. Hate it! I grew up in a freelance family, where debt is just dumb if you don’t have a steady, known income. I also grew up in Canada, where there is no tax deduction for mortgage interest, as there is in the U.S., where even interest on credit card debt (!) was, for a while, tax deductible as well.
So I get why you don’t want to marry a deadbeat and sacrifice your own excellent credit score – often called a FICO score in the U.S. — to someone else’s crummy fiscal habits. I have heard far too many horror stories of people — too often women — who had no idea what insanity their husband or boyfriend was perpetrating financially until it bit them on the ass.
What do you think of this new trend?
Would you bail on someone new if they refused to share their score, or had a lousy one?
- In What World Is Credit-Score Dating Actually a Thing? (theatlanticwire.com)
- When Should You Ask A Date About Her Credit Score? (lukeford.net)
- A Bad Credit Score Will Cost You (lexingtonlaw.com)
- Must love dogs, and have great credit score (bizjournals.com)