The Long-Term Challenges Of Marrying A Partner With Poor Credit And High Debt
- By
Jazmine Denise
Source: vitapix / Getty
Higher interest rates
When your partner has a poor credit history, it doesn’t always mean that lenders will deny their loans, but it can mean that you will likely end up paying more in interest in comparison to a person who has better credit. Many lenders will impose higher interest rates on borrowers with lower credit scores, which means you end up paying more for the loan.
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