Get The Digits: Is Asking For His Credit Score The New “What’s Your Phone Number?”
From the New York Times:
“The credit score, once a little-known metric derived from a complex formula that incorporates outstanding debt and payment histories, has become an increasingly important number used to bestow credit, determine housing and even distinguish between job candidates.
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.”
According to the article, a number of enterprising websites have sprouted out, catering to this growing interest in credit background checking of potential partners. A couple such sites, Creditscoredating.com and Datemycreditscore.com, allow its members to exchange and view credit scores of potential dates. The article also included an interesting anecdotal story about a flight attendant named Jessica Lashawn, whose dream guy fizzled before her eyes after Mr. Rico Sauve broached the credit question on their first date.
“It was as if the music stopped,” Ms. LaShawn, 31, said, recalling how the date this year went so wrong so quickly after she tried to answer his question honestly. “It was really awkward because he kept telling me that I was the perfect girl for him, but that a low credit score was his deal-breaker.”
I don’t know how the rest of you feel but that just seems like an abitrary reason to dismiss your “perfect girl” on the first date. I mean, at the very least, advise her on some credit counseling and see how that pans out before writing her off. But everyone has their own standards. And quite honestly adding, “what’s your credit score” to the list of questions we already use to gauge the worthiness of a potential partner is not a bad idea.
The credit rating of a potential partner could have determining impacts on what kind of dates you have, who pays and even transportation to and from your date. And if the relationship gets more serious, his or her bad credit could impact more important financial decisions such as the ability to buy a house. Likewise, credit can also be a indictator of how sound a decision maker a person is outside of the financial realm. For instance, a guy with pretty decent credit might be a sign that he is responsible and honest person in love. However, a guy with a couple of liens and delinquent marks on his credit report, could suggest that he might not be a little flippant with not only his wallet but with your heart too. It might sound like pseudo-science but more and more employers are turning to the credit scores of job candidates to help determine good hirees.
Some folks may have fallen on hard times due to lost of job or even a personal or family sickness. Some folks may have not been so fiscally wise in their younger years but might be working to clean up their credit. And some folks just have more student loan debt than actual income. While I don’t see anything wrong with asking a potential partner about their overall financial solvency, I think it might be a dangerously short-sighted to rely solely on someone’s score, especially based on a metric you had no hand in creating.
But what do you guys think? Should our FICO score be the new “What’s your digits?”