{"id":20303,"date":"2025-10-23T16:43:11","date_gmt":"2025-10-23T16:43:11","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/10\/23\/a-bad-credit-score-can-cost-you-more-than-just-loans-it-affects-marriage-and-jobs-too-business-news\/"},"modified":"2025-10-23T16:43:11","modified_gmt":"2025-10-23T16:43:11","slug":"a-bad-credit-score-can-cost-you-more-than-just-loans-it-affects-marriage-and-jobs-too-business-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/10\/23\/a-bad-credit-score-can-cost-you-more-than-just-loans-it-affects-marriage-and-jobs-too-business-news\/","title":{"rendered":"A Bad Credit Score Can Cost You More Than Just Loans, It Affects Marriage And Jobs Too | Business News"},"content":{"rendered":"


\n<\/p>\n

\n

Last Updated:<\/span>

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<\/h2>\n
<\/p>\n
\n
\n
\n
\"font\"<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\"Your<\/p>\n

Your credit score is calculated based on timely loan and EMI payments, credit card usage, outstanding debts, and overall financial behaviour (Image: Getty)<\/p>\n<\/figure>\n

In today\u2019s 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.<\/p>\n

For example, in the Vidarbha region of Maharashtra, it is said that a wedding this year was cancelled solely because the groom\u2019s credit score was low.<\/p>\n

Difficulties in Leasing a Vehicle or Equipment<\/strong><\/p>\n

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 \u2018high-risk\u2019 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.<\/p>\n

Impact on Relationships and Marriages<\/strong><\/p>\n

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 \u2014 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.<\/p>\n

Investors and Recruiters are Also Considering It<\/strong><\/p>\n

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\u2019 credit scores are now being checked to assess their financial responsibility.<\/p>\n

Emphasis on Business Partnerships<\/strong><\/p>\n

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, \u201cYou can\u2019t 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.<\/p>\n

Key to Success in the Future<\/strong><\/p>\n

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.<\/p>\n

\n
\n
<\/p>\n
\"Business<\/figure>\n

<\/span><\/p>\n

Business Desk<\/a><\/p>\n

A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Follow News18 on Google<\/a>. Join the fun, play QIK games on News18<\/a>. Stay updated with all the latest business news, including market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the\u00a0News18 App<\/a> to stay updated.<\/span><\/div>\n
First Published:<\/span><\/p>\n
\n

October 23, 2025, 14:22 IST<\/p>\n<\/div>\n<\/div>\n

News<\/a> business<\/a> A Bad Credit Score Can Cost You More Than Just Loans, It Affects Marriage And Jobs Too<\/span><\/div>\n
\n
\n
Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n
\n
\n

Difficulties in Leasing a Vehicle or Equipment<\/strong>
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 \u2018high-risk\u2019 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.<\/p>\n

Impact on Relationships and Marriages<\/strong>
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 \u2014 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.<\/p>\n

Investors and Recruiters are Also Considering It<\/strong>
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\u2019 credit scores are now being checked to assess their financial responsibility.<\/p>\n

Emphasis on Business Partnerships<\/strong>
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, \u201cYou can\u2019t make a good deal with a bad person.\u201d Similarly, business confidence in those with a poor credit score decreases. A good score reflects discipline, credibility, and honesty.<\/p>\n

Key to Success in the Future<\/strong>
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.<\/p>\n<\/div>\n

\n
\"img\"<\/div>\n
\n
\n
\n

Stay Ahead, Read Faster<\/p>\n

Scan the QR code to download the News18 app and enjoy a seamless news experience anytime, anywhere.<\/p>\n<\/div>\n

\"QR<\/div>\n<\/div>\n

login<\/a><\/div>\n<\/div>\n<\/section>\n<\/div>\n


\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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 Your credit score is calculated based on timely loan and EMI payments, credit card usage, outstanding debts, and overall financial behaviour…<\/p>\n","protected":false},"author":1,"featured_media":20304,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-20303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/20303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=20303"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/20303\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/20304"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=20303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=20303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=20303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}