It’s Valentine’s Day, the day for flowers, romantic movies and candle lit dinners. On this day, when you’re sitting across from the one you love, there is nothing more romantic than discussing credit. Alright, so that is probably not true. Sometime later however, when you’re looking to start a life with your Valentine, there is nothing less romantic than finding out they have bad credit and you’re able to buy the house you want together.
In North America, credit is incredibly important. Unless you have hundreds of thousands of dollars in the bank, you credit is a major factor in your ability to buy a house or lease a car. Many online purchases can only be done with a credit card. While credit does not necessarily determine how much money you may have, it does speak about your character and whether you’re responsible with money.
One of the leading causes of trouble and breakups in relationships is finances. So on Valentine’s day, have a wonderful romantic day with the one you love, and don’t think about or discuss credit. Tomorrow though, when you’re thinking about this great person you’re with, and deciding if this is someone you’d like to spend your life with, credit is something you may want to seriously discuss.