What’s Hot on the Dating Scene? Good Credit

The hottest prospects on today's dating scene don't just have great abs; they have a great credit score.

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Tall. Brunette. Active. Likes running, tennis, traveling, and sipping tea in front of a roaring fire. Great credit score.

Wait a minute. Wha? Great credit score?

Yes, good credit is an attribute that has become worth shouting about on dating websites. That, anyway, is the theory behind creditscoredating.com and datemycreditscore.com, matchmaker websites addressing the concerns of the fiscally prudent lovelorn.

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Never mind that these sites don’t appear to be attracting a lot of traffic. They wouldn’t exist at all if not for a burgeoning trend where mate seekers long for a peek under your balance sheet before they peek under anything else. This is especially true of young people, who may bring tens of thousands of dollars of student debt to a relationship. That is such a turn-off.

The New York Times interviewed more than 50 daters under 40 from around the country and found that many of them regarded a good credit score as a prerequisite for a good date. As the Times reported:

“‘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.’”

Is this taking the beau-vetting process too far? I don’t think so. Landlords and lenders may look at your credit score to help determine if you are worth taking a chance on. Even employers may do a credit check on you. Why not a prospective mate? How you handle money says a lot about your ability to be organized and responsible. Why would anyone with options risk falling for someone likely to bring heavy debt and poor spending and saving habits to a union?

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Your credit score is a complex calculation based on your debts and payment history. A low score can keep a bank from lending you money for a house or car, or be the basis for charging a higher interest rate. Any score below 660 is a red flag; anything above 800 is considered stellar. In general, you’re fine with anything at or above 750.

If your credit is poor, there are steps you can take to fix the problem. One irony is that you must use credit to build a decent credit score. A simple but critical part of this process is using a credit card—but never charging more than 30% of your card limit—and then paying down or paying off the balance in a timely way. That’s not just a smart practice; on today’s dating scene, it’s downright sexy.

10 comments
thread.shaista
thread.shaista

Cool website buddy I am gona suggest this to all my list of contacts.

LarryCaldwell
LarryCaldwell

It's always a good idea to check a woman's credit card balance before getting serious. If she can't live on her income, she won't be able to live on your income either. One maxed out credit card account means you will spend hundreds of thousands of dollars paying off her bills if you marry her, and you will still be responsible for major expenses like car repairs or furnace replacement. 

KarenGoulet
KarenGoulet

Seems just plain cold to me. Evidently watching all those old black and white movies was a waste of time.

Wolfer96
Wolfer96

This is a great way to weed out those irresponsible debt laden fools who want to make their debt your debt. Why should someone who lived within their means have to suffer for another's poor spending habits? A wise professor once told his students to live below their means, save and invest in a diverse portfolio. The best advice I ever received.

 Also, poor credit can point to depression. Some people with depression will try to buy small moments of happiness with purchases. 

 While a credit score alone may not lead you to your soul mate, it can filter out a large number of people who bring with them baggage that is never helpful in a long term relationship. I read somewhere that the #1 reason for divorce is financial problems. So this is not something to take lightly. 

troy8888888
troy8888888

Let's call this what it is - women who see potential male mates as provider/security/daddy.. 

LowerContrast
LowerContrast

Wow! So someone who just got a great job after being out of work and having the credit hosed is now NOT a good choice? If that is how shallow we have become, not sure it's worth it. Of course, I avoid dating services like the plague because the lies told on those sites are obscenely misleading in the first place. I would much prefer to pay for the background check (it's cheaper) if I really needed all that information.

MsIndependent
MsIndependent

Credit score?? Wow! I just read a neat little book called "When Mr. Wright Comes in the Wrong Package." Author Sondra Wright warns readers about the potentially negative outcomes a list of unrealistic expectations can have on ones love life. Had I not just finished this book I may be jumping up and down, thinking this was a great idea. But through a different lens I can also see this as just one more thing to sabotage  mate seeking efforts