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 What your credit score says about your love life

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RR Phantom

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PostSubject: What your credit score says about your love life    What your credit score says about your love life Icon_minitimeSat Oct 03, 2015 11:12 pm
At the US central bank, the jury's still out on interest rate hikes and inflation trends.

What your credit score says about your love life 1443834895604

But a new working paper from the Federal Reserve Board draws some conclusions that might help prevent your heart from deflating. At least you'll never look at "credit unions" the same way again.

Economists Jane Dokko, Geng Li, and Jessica Hayes presented their findings about the role that credit scores have in predicting the stability and potential longevity of a relationship that's starting to get serious.

The trio scoured quarterly data from the Federal Reserve Bank of New York's Consumer Credit Panel, including a "risk score" of an individual's probability of failing to meet their credit obligations in the not-too-distant future.

Read more: http://www.smh.com.au/business/retail/what-your-credit-score-says-about-your-love-life-20151003-gk0gbf.html#ixzz3nZ6TRocn
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