A credit score is a numeric summary of your credit history. The score is generally calculated using the credit history found in the credit information report. And a credit information report is a statement that accounts your payments towards loans and credit institutions over a period of time. However, this report does not have details of your savings, investments and fixed deposits. So, higher your score, the more likely it is that you will pay your loans as promised.

For any healthy relationship, there has to be a certain degree of compatibility. And credit scores and committed relationships go hand-in-hand. Here are a few ways credit scores predict your money compatibility:

Trustworthiness: Honesty, trust and credibility are among the most importantly expressed personality traits in a relationship, especially a committed one. And when it comes to money matters, your credit scores have the ability to reveal your trustworthiness to a certain extent. Be careful while handling your money and make sure you make those payments on time to keep up your credit score. If you’re looking for a long lasting relationship, you must discuss your credit scores with your partners to find out how compatible you are when it comes to finances.

Spending patterns: Your spending patterns can predict and influence how you would handle your finances when you are together. Your credit score can reveal strong evidence about how money matters can impact yours and your partner’s life in the long run, especially when you decide to apply for a loan together or even open a joint account in the future. You can estimate the amount of financial distress through a credit score and forecast how successful your relationship will be, financially.

Credit worth: The attention and importance of credit scores is building up in every relationship these days only because it is said that money is one of the main factors that can make or break a bond in the long run. There are even dating and matrimonial websites that recognize credit scores before it suggests potential matches for you. Also, credit scores provide evidence about a person’s ability to build his or her relationship with money.

Characteristics: Physical appearance, educational qualifications, job description, social status, and family wealth were some of the important factors that people used to consider in the past. In this day and age, along with some of these character traits, people are strongly considering credit scores as one of the key decision-making factors for a relationship because it determines every person’s ability to budget and handle their expenditures for a smooth day-to-day living. Credit scores to a certain extent influence the income and consumption inequality among families.