Before We Go Out, I Need to Know Your Credit Score by Michelle Singletary

Michelle Singletary explores the new normal in relationships where couples or potentials are taking an interest in their partner’s financial position. Rather than focusing on credit score or debt, Singletary suggests finding out if the person you are dating shares similar financial values.

If the person has a lot of debt, is he bothered by it and if so, what’s he doing about it? Yes, his credit score might be low because of a massive amount of student loans, but is he paying the bill on time and cutting back expenses to pay it off early?

When dating, spend time getting to know the person’s financial backstory or how he or she developed certain views about money. Is the person generous or a miser?

You should not be sharing intimate details of your financial life with someone you are just dating. They should not know your income or your credit score. Those details are reserved for the person you think you want to marry. Once you’re headed in that direction, you should open up about everything. It’s at this point that you share your credit reports and credit scores — before you even get engaged.

Continue reading the full article: Before we go out, I need to know your credit score

Posted by Allison Trupp, Associate Editor, Wealth Strategies Journal