Okay, when it comes to dating sites, this might actually be a good idea.
While other dating sites use various methods to match people looking for a partner, CreditscoreDating.com cuts right to the chase and matches couples based on their credit scores.
Members create a profile like they would on any other dating site, including relevant information a potential partner might reasonably want to know. But the profile also has to include the member's credit score.
The scores are not verified, but the site but says it believes that 92% of the posted scores are accurate.
Mixing love and money
But isn't mixing love and money a little crass? True, focusing on how a potential partner handles a checkbook and credit card might dampen the romance of dating, but it could save some heartache later on.
Some people on both sides of the issue – financial advisors and relationship experts – believe money management is an important relationship topic that is easily overlooked in the first blush of romance.
Financial advisor Christopher Krell urges couples to have a candid conversation about money, including their approaches to both spending and saving. He points to a 2012 study published in the Family Relations Journal which concluded that disagreements about money are the main reason marriages hit the rocks.
Kansas State University researcher Sonya Britt participated in that study, and her research paper reached the same conclusion. Regardless of income, she found arguments over money are a major predictor for divorce.
The danger of high and low credit scores
And that brings us back to credit scores. If one partner has a high credit score and the other a low one, it suggests that one is careful with finances while the other is either reckless or makes a series of uninformed choices. It isn't a recipe for a happy relationship.
Once a couple is married, they often share credit accounts. If one partner runs up bills and doesn't pay, the partner with the good credit score suffers too.
People looking for a relationship have begun to grasp this reality. A 2014 survey commissioned by the National Foundation for Credit Counseling (NFCC) found that uncontrollable debt can be toxic for romance.
The survey found 37% of respondents would not marry someone until their debt was repaid. Ten percent would marry but not help pay the debt while seven percent would take the somewhat extreme action of breaking off the relationship.
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