Personal Finance

Love and Money: What Statistics Say

Advertiser Disclosure Comments 1 Comment

Be Especially Careful About Starting Out a Marriage with Debt

Image: iStock

Bringing debt into your marriage may make for an unhappier union. A 2005 study looked at survey data gathered from 1,010 randomly sampled newlywed couples and found that starting a marriage with consumer debt has a “negative impact on newlywed levels of marital quality.” Not surprisingly, those with the “highest amounts of debt (e.g., $20,000 – 50,000) had the lowest marital satisfaction and adjustment scores of all participants.”

Source: The Effects of Debt on Newlyweds and Implications for Education 

But it may not doom the relationship. In another survey, 87 percent of men and 80 percent of women responded they would stay in a relationship in which their partner had substantial credit card debt or had filed for bankruptcy.

Source: True.com member survey April 2008

Next: Couples Talk About Money Before Marriage…Or Not »

Pages: 1 2 3 4 5 6 7 8 9

Comments on articles and responses to those comments are not provided or commissioned by a bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by a bank advertiser. It is not a bank advertiser's responsibility to ensure all posts and/or questions are answered.

Please note that our comments are moderated, so it may take a little time before you see them on the page. Thanks for your patience.

Certain credit cards and other financial products mentioned in this and other articles on Credit.com News & Advice may also be offered through Credit.com product pages, and Credit.com will be compensated if our users apply for and ultimately sign up for any of these cards or products. However, this relationship does not result in any preferential editorial treatment.