What's in a name? Credit worthiness

Credit rating agency Veda has found that a person's name can be an indicator of their financial responsibility.

Considering the name of your date on Valentine's Day could help you avoid an awkward situation when it comes to paying the restaurant bill.

The company analysed more than 4.6 million personal credit scores and found that some names rank better than others when it comes to money matters.

For gen Yers, dating a Brendan, Wei, Georgia or Ying, will give them the best chance of fiscal freedom, while gen Xers are better off with a Lachlan, Murray, Ying or Claire.

Baby Boomers should steer clear of Jose, Henry, Gloria and Marlene, and turn their affections towards Brendan, Ross, Penelope or Gillian.

"It's really about looking how someone stands when they're applying for credit - whether it's who's paying for a bill on the first date or getting a mortgage," Veda spokeswoman Belinda Diprose said.

Veda rates credit scores between zero and 1200 - the higher the score, the better an individual's chance of credit worthiness.

There are many ways to improve credit scores, Diprose said, including paying bills on time, setting up direct debit or minimum credit card balances, and keeping track of commitments such as phone and utility contracts, among others.

In the US, some people display their credit score on their dating profile, Diprose said, adding: "There's no reason in the future that Australians will do the same.

"It (can give) reassurance that you've got stability in the future," she said.


2 min read

Published

Updated

Source: AAP


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