Bad Credit May Well Prevent Americans from Getting Married
On the threshold of the most romantic holiday, WalletHub published the results of the so-called Valentine’s Day Spending Survey. 1,000 men and women from across the U.S. participated in the poll. The questions concerned not only the expenses and expectations before February 14, but also how the financial situation may affect a relationship.
The most striking finding is that 51% of Americans would not marry and 37% would not even date someone whose credit is bad. As expected, women are more demanding in this matter: 60% in the first case and 44% in the second vs. 41% and 29% of men. Almost 30% of people admitted that they would like to have the ability to see scores in user profiles on dating apps.
In addition to this, 46% of the respondents said they would split up with the partner who spends money irresponsibly. 53% believe that a partner’s financial infidelity is possibly worse than cheating. Among the most destructive for couples types of money problems the following ones were listed: financial secrets (35%), irresponsible spending (27%), high debt level (15%), not saving for the future (12%), and ruining your credit score (8%).
Nevertheless, most people, 86% in particular, are still convinced that love is more important than money. Those who participated in the survey could even name the best ways to get around quarrels over finances. 38% suggest keeping separate accounts, while 24%, on the contrary, believe in joint accounts. Another 28% say it’s enough to simply discuss together prospective purchases, and 10% argue in favor of prenuptial agreements.
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