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Poor credit rating 'the dating equivalent of an STD'

Posted on: December 28, 2012 11:47:05

Poor credit rating Asking a potential date about their job or interests and hobbies is not uncommon, but how would you feel if the person you had just met started to pry about your credit rating?

According to a financial advisory firm in the US, this is increasingly becoming the norm, as more and more singletons are interrogating potential new partners about their monetary situation.

The NY Times interviewed over 50 singletons across the country, all under the age of 40, and found that for many, a low credit score is a "deal breaker" when seeking the one.

It also reported a rise in the number of marriage counsellors and dating site executives who have been contacted over individual's growing concerns about financial situations.

"Credit scores are like the dating equivalent of a sexually transmitted disease (STD) test," Manish Thakor, founder and chief executive of MoneyZen Wealth Management said. 

"It's a shorthand way to get a sense of someone's financial past the same way an STD test gives some information about a person's sexual past."

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