I am indebted (pun intended) to the CBC and the Globe and Mail for reporting on some very interesting research on credit card debt done by Nerdwallet.
NerdWallet is a free (American) tool to help you find the best credit card offers, cd rates, savings and chequing accounts, insurance, and other financial products.
According to research that Nerdwallet published, credit card debt is a turnoff to men and women, but especially women. Over half of women would not want to date someone with heavy credit card debt, and almost half (46%) of men felt the same way. 70% of Americans agree there is a nasty stigma around credit card or “bad debt” (unlike mortgages and student loans which are considered “good debt”).
If you find this hard to believe, here’s more information from a study done by no less than The Federal Reserve Board. The very lengthy title of the 55-page research paper is: Credit Scores and Committed Relationships. Serious subjects indeed.
If you are unlucky in love, clean up your debts and see what effect that has on your attractiveness.
Another tip – don’t post your credit score or debt level on your dating profile if they don’t show you in your best light.
It’s just good advice.