51% of people unaware of partner’s debts

26 Nov, 2014

A new survey claims that over half of people in a relationship don’t know about their partner’s loans, overdrafts or credit card borrowing.

In the worst cases, Experian says that some 6% admit to splitting up because of arguments about finances.

The findings also reveal that relationship breakdowns caused by financial worries are most common in the 25- to 34-year-old age group.

When it comes to how much couples earn, more than two-thirds of respondents know their partner’s annual salary, while only one in four are aware that their partner has received a work bonus.

On a more positive note, more than half of people know how much savings their other half has to their name.

Choice of career is not a big factor in picking a partner either, with only 26% finding their partner more attractive if they had a good career. This was more important for women, with 31% of females admitting a man who pays his bills on time as “much more attractive”, compared to only 19% of males.