Some debt, like student loan debt, seems to be easier to discuss than others, like credit card debt.
If your partner doesn’t reveal previous debt, it can mean they are hiding some financial habits from you – or that a future joint application could impact your own ability to access credit or get a mortgage, too.
Linking your finances with someone in significant debt or with a trend of defaulting on repayments can negatively impact your credit score.
If they have got into debt because they have poor financial management, this could also mean they spend your hard-earned money without much thought, too.
However, someone in debt for understandable reasons, such as a period of unemployment, is less of a risk when it comes to linking finances.
