A Bad Credit Score Can Cost You More Than Just Loans, It Affects Marriage And Jobs Too

Last Updated:October 23, 2025, 14:24 IST

People with a good credit score are not only easily able to get personal loans, but it is also useful in areas like investments, business, and job opportunities

In today’s time, a credit score is not just about getting a loan or a credit card; it has become a symbol of our financial credibility. People with a good credit score are not only easily able to get personal loans, but it is also useful in areas like investments, business, and job opportunities. However, those with low scores often face a negative impact on important life decisions.

For example, in the Vidarbha region of Maharashtra, it is said that a wedding this year was cancelled solely because the groom’s credit score was low.

Difficulties in Leasing a Vehicle or Equipment

According to a report by Mint, if you want to lease a car or business machinery, those companies will definitely check your credit score. If the score is low, you may be considered a ‘high-risk’ customer and may be asked for an additional security deposit or a higher interest rate. Those with a good credit score, however, will get lower interest rates and easier approvals, which will be financially beneficial in the long run.

Impact on Relationships and Marriages

As of now, financial discipline is not limited to banks; some families even check the credit history of a prospective spouse before marriage. The incident in Vidarbha clearly shows this — a bad credit score can lead to suspicion even in personal relationships. Paying EMIs on time and managing loans responsibly has become a social necessity.

Investors and Recruiters are Also Considering It

A good credit score is a testament to your honesty and trustworthiness in the eyes of investors. When Priyesha Saluja, founder of Cinnamon Kitchen, announced her score of 838 at the Shark Tank India event, the investors were impressed. She eventually secured a contract with Aman Gupta, the co-founder of the boAt company. Moreover, while recruiting for banking and fintech sectors, candidates’ credit scores are now being checked to assess their financial responsibility.

Emphasis on Business Partnerships

Nowadays, it is common in business deals to ask for a credit score to understand the financial status of a partner or client. As the famous investor Warren Buffett once said, “You can’t make a good deal with a bad person.” Similarly, business confidence in those with a poor credit score decreases. A good score reflects discipline, credibility, and honesty.

Key to Success in the Future

Clearly, in the coming days, a credit score will go beyond your financial identity and become a symbol of social and business trust. Therefore, it is very important to pay bills on time, spend within credit card limits, and pay EMIs of loans without delay. A strong credit score will not only allow you to access loans but will also open many more possibilities in life.

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First Published:

October 23, 2025, 14:22 IST

News business A Bad Credit Score Can Cost You More Than Just Loans, It Affects Marriage And Jobs Too

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Difficulties in Leasing a Vehicle or Equipment
According to a report by Mint, if you want to lease a car or business machinery, those companies will definitely check your credit score. If the score is low, you may be considered a ‘high-risk’ customer and may be asked for an additional security deposit or a higher interest rate. Those with a good credit score, however, will get lower interest rates and easier approvals, which will be financially beneficial in the long run.

Impact on Relationships and Marriages
As of now, financial discipline is not limited to banks; some families even check the credit history of a prospective spouse before marriage. The incident in Vidarbha clearly shows this — a bad credit score can lead to suspicion even in personal relationships. Paying EMIs on time and managing loans responsibly has become a social necessity.

Investors and Recruiters are Also Considering It
A good credit score is a testament to your honesty and trustworthiness in the eyes of investors. When Priyesha Saluja, founder of Cinnamon Kitchen, announced her score of 838 at the Shark Tank India event, the investors were impressed. She eventually secured a contract with Aman Gupta, the co-founder of the boAt company. Moreover, while recruiting for banking and fintech sectors, candidates’ credit scores are now being checked to assess their financial responsibility.

Emphasis on Business Partnerships
Nowadays, it is common in business deals to ask for a credit score to understand the financial status of a partner or client. As the famous investor Warren Buffett once said, “You can’t make a good deal with a bad person.” Similarly, business confidence in those with a poor credit score decreases. A good score reflects discipline, credibility, and honesty.

Key to Success in the Future
Clearly, in the coming days, a credit score will go beyond your financial identity and become a symbol of social and business trust. Therefore, it is very important to pay bills on time, spend within credit card limits, and pay EMIs of loans without delay. A strong credit score will not only allow you to access loans but will also open many more possibilities in life.