When it comes to “perfect” relationships, many people imagine romantic dates and getaways, bouquets of roses, and nice walks on the beach. However, the Federal Reserve suggests that Americans should consider the importance of another factor: credit scores.
Researchers explored the links between people’s love lives and their credit scores. The results were shocking. Research shows that Americans with high credit score are 14% more likely to find quality relationships in the next year than those whose credit scores are 100 points lower. The study concluded that credit scores can say more about a people’s responsibly and commitment in relationships than most people think.
There is no clear reason as to why a person’s credit score can determine how successful that person can be in a relationship. However, some sources believe that it may have something to do with how a credit score can greatly affect a person’s/couple’s future.
How a Credit Score Can Impact Your Future
Credit scores play a large role in your ability to make large purchases in the future.
Below is a list of ways a credit score can affect your life:
- A poor credit score can make it difficult to find a place to live
- A low credit score can make it difficult to purchase a vehicle with decent or low interest rate
- A poor credit score can be difficult to raise
- A low credit score can make it difficult to qualify for a loan
Suffering from a Bad Credit Score? Atlas Consumer Law May Be Able to Help
The Chicago consumer lawyers at Atlas Consumer Law understand how a poor credit score or any kind of financial trouble can impact a person’s future. That is why we are here to help our clients out of financial holes. Whether you are considering bankruptcy or would like some guidance as to how you can safeguard your future, our team can help.
Don’t wait to ask for help. The Chicago consumer attorneys at our firm are ready for your call.