Could credit card debt harm your dating life?

On behalf of The Rollins Law Firm posted in Debt Relief on Thursday, February 4, 2016.

Debt and romance may not, at first glance, seem terribly connected. However, a recent survey by NerdWallet indicates that what a person's debt situation is may very well have impacts on how they do in the dating arena.

In the survey, individuals here in the U.S. were asked whether a potential partner having credit card debt would be a turnoff for them. Forty-nine percent said that it would. Reporting credit card debt as a turnoff was more common among women than men and more common among seniors than millennials.

Why might a person's attractiveness to potential partners be impacted by credit card debt? Well, a potential partner may be worried about how the debt could end up impacting them financially if they ended up in a long-term relationship with the person. They also may view credit card debt as an indicator of things like self-control issues or lack of responsibility.

This illustrates that debt problems can end up seeping into non-financial aspects of a person's life. Thus, a person's financial situation is just the tip of the iceberg when it comes to things that can be put at risk by credit card debt struggles.

This underscores the importance of not ignoring credit card debt problems, but rather taking proactive action in response to such difficulties. The more time credit card debt issues are left unaddressed, the longer they have to wreak havoc on a person's life. Experienced debt relief and bankruptcy attorneys can advise individuals on what steps they can take to address credit card problems they are facing.

Source: Reuters, "Blame credit card debt if you are unlucky in love," Chris Taylor, Jan. 25, 2016

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