You can easily avail this report once per year to apply for one of these credit agencies.It is important to check the credit report data because everyone, including credit companies and credit card companies make mistakes when reporting information to the credit bureau.
On her second date with a man she met through an online dating service, Lauren was surprised when he revealed his credit score over dinner.
"When he told me his credit score was 793, he might as well have told me he had a private jet," recalls Lauren, a county employee in Georgia who asked that her last name not be used. "While it sounds calculating and cold, it makes sense," says Anthony Sprauve, director of public relations for my
"It was such a turn on." Like Lauren, a growing number of singles are swapping details about their credit scores at the beginning of a relationship, filtering by FICO to find Mr. "A credit score gives you an indication of how someone handles their finances; a high credit score is the key to your financial future, but a low credit score could be an indicator of potential issues that need to be discussed." In addition to qualifying for lower rates on loans and more access to credit, a mate with a low credit score may spell trouble in a relationship.
In a survey conducted by my FICO.com, respondents reported that a lack of financial responsibility impacted their relationship more than an unfaithful spouse.
When Lauren set up an online dating profile, she wasn't looking for a partner with perfect credit.
It wasn't until her date disclosed his score that Lauren realized great credit represented more to her than preferred mortgage rates."It was a reflection of whether he was responsible," she recalls.The idea that credit scores are an indicator of how well someone handles commitment and honors agreements led to the creation of the online dating site Credit Score "If you're looking at building a life together, you need to know the details of each other's finances," says the site's owner, Niem Green."If you can't buy your dream house or the interest rates are ridiculous or all of the loans and credit cards need to be in one person's name [because their spouse has bad credit], it can affect a relationship." When Credit Score launched in 2007, most of the members were in their 40s and, according to Green, often had relationships end because of financial issues.Following the financial crisis, the site experienced a surge in membership and a decline in the average age of members.