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Home 2018 February 01 20 Worst Money Mistakes People Make in the Name of Love

20 Worst Money Mistakes People Make in the Name of Love

MISREPRESENTING YOUR CREDIT HISTORY

The sad but true fact about your all-important credit score is this: Good credit is a status symbol, and poor credit has a stigma attached to it. A shaky credit history can — right or wrong — bring feelings of shame, which can lead people to fudge the truth to a significant other.

Relationship coach Jo Hemmings wrote in The Telegraph that starting a relationship with a misrepresentation of your credit situation can stoke mistrust or feelings of betrayal. Whether it’s buying a car, a home or even applying for a credit card, the truth about your situation is bound to come out. It’s better to be upfront and formulate a strategy together about how to boost the lower score.

Feb 1, 2018cleverfinance
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