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Be my Valentine...if you've got your finances together: a low credit score can be a love dealbreaker
Be my Valentine…if you've got your finances together: a low credit score can be a l...
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[{"type":"text","content":"\n\n\n\nBe my Valentine…if you've got your finances together: a low credit score can be a love dealbreaker\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nBe my Valentine…if you've got your finances together: a low credit score can be a love dealbreaker\nCanada NewsWire\nVANCOUVER, Feb. 5, 2016\n\n\n\nMogo survey reveals credit scores are a factor when it comes to finding a mate—67% of respondents favour an awesome credit score over model good looks.\n\n\n\nVANCOUVER, Feb. 5, 2016 /CNW/ - A recent study by Mogo (TSX: GO), one of Canada's fastest-growing financial technology brands, reveals that romantic appeal isn't all about romance; your partner (or potential partner) cares about your credit score too. The good news is that Canadians are overwhelmingly willing—at 87%—to help or encourage their partners to clean up their credit.\n\n\"Your credit report is your financial report card and your credit score is your grade. Together, they show if you've got your life together,\" said Chantel Chapman, Financial Fitness Coach with Mogo. \"Let's say you're in a relationship with someone and you want to buy a house together. If your credit rocks and theirs sucks, that might not bode well for your future together. And sure, you're probably not—and you shouldn't be—picking a partner based on their net worth, but it is important to be aligned with someone who has habits and goals that are on your level.\"\n\nAs Mogo explored ways to talk to their largely millennial audience about financial fitness, they discovered fascinating parallels between relationships and money, and decided to explore the connection further. Partially inspired by recent Federal Reserve Board research examining the link between credit trustworthiness and trustworthiness in relationships Mogo launched a survey in December 2015. They asked questions such as \"Do you know your significant other's credit score?\" and \"If you found out your partner had bad credit, what would you do?\"\n\nKey survey findings:\n\n\n67% of replies claime...