Sense and Nonsense Of interest to???????????? Mostly stolen from other truly clever people.
Wednesday, October 7, 2015
ONE NUMBER PREDICTS YOUR SUCCESS IN LOVE
When people are looking for a significant other, they often try to find someone whose values, education, earnings, hobbies and even height match their own. But new research suggests there's one promising measure for finding a committed partner that most daters overlook -- credit scores.
A credit score is a number that is supposed to reflect the risk of lending money to someone, based mostly on their past history of borrowing, repaying and defaulting on debt. Banks have long used credit scores to evaluate customers, but these days potential employers, landlords, insurance companies, cellphone companies and many other businesses do, too.
A new working paper from the Federal Reserve Board that looks at what role credit scores play in committed relationships suggests that daters might want to start using the metric as well. The researchers found that credit scores -- or whatever personal qualities credit scores might represent -- actually play a pretty big role in whether people form and stay in committed relationships. People with higher credit scores are more likely to form committed relationships and marriages and then stay in them. In addition, how well matched the couple's credit scores are initially is a good predictor of whether they stay together in the long term.