A new dating app called “Score” has been launched by financial services company Neon Money Club. Score is positioning itself as an app for financially responsible singles, requiring users to have a minimum credit score of 675 in order to join.
Yahoo Finance’s Alexandra Canal, Pras Subramanian, and Josh Schafer break down the details.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor’s note: This article was written by Angel Smith
Video Transcript
PRAS SUBRAMANIAN: Now, from scoring on the field to scoring off the field with your credit score, Travis Kelce touted a good credit score in his ad campaign with credit Bureau Experian. But I’m guessing the future Hall of Famer didn’t need to produce his FICO score for courting Taylor Swift.
But a new dating app is out here focusing on singles with excellent credit. It’s called Score. And you need at least a 675 credit score to use it. That’s kind of low, in my opinion, but who am I to say that. But yeah, what do you guys think? Are you guys looking at that kind of metric for when you’re dating?
ALEXANDRA CANAL: So apparently, when you sign up for this, they don’t show the score on the app, but they’ll match you with like-minded individuals and there’s that like exclusivity factor. You know, the people that are on that have at least a 675 credit score. You know, we talk a lot on the group chat about financial infidelity, how people are uncomfortable talking about money.
PRAS SUBRAMANIAN: Financial infidelity?
ALEXANDRA CANAL: Yeah, people are hiding their finances from their spouses. They’re not fully comfortable discussing things like a credit score. So I’m not totally against this idea. If this is something that’s very important to you in a relationship, why not have an app like this and seek it out. The thing is, though, with all the app, I just feel like there’s so much saturation now. And I’m just– also the quality of the– you just don’t know.
JOSH SCHAFER: It seems like maybe a nice potential add-on to an app that’s already out there for me, something that you can choose to click on or click off, but not necessarily a solo app, standalone app, just from like you said, the amount of apps that people have to have, right?
ALEXANDRA CANAL: People kind of gravitate towards two or three apps out there, and you’re introducing a whole other app.
JOSH SCHAFER: Because you’re communicating with people on the apps too.
ALEXANDRA CANAL: Right. And you mean a lot of people will be there.
JOSH SCHAFER: So if you have five of them, how are you going to be able to figure it out?
ALEXANDRA CANAL: Right. You need– you need quantity of people.
PRAS SUBRAMANIAN: Yeah, this kind of reminds me of– I’m not going to name any names, but social clubs, right, that that’s what you’re kind of implicitly kind of noticing. It’s like, well, I have–
ALEXANDRA CANAL: Well, there’s an app called the League out there, and that’s supposed to be a higher end. But, again, if people aren’t on those apps and they’re gravitating towards others, then you’re not going to find your Mr. Right.
PRAS SUBRAMANIAN: We got to go work on our profile merge betting and dating together, maybe this way to do that.
ALEXANDRA CANAL: There you go.
JOSH SCHAFER: Betting dating will put it all in the profile.
PRAS SUBRAMANIAN: Streaming, streaming.
JOSH SCHAFER: Streaming, we love to stream.
Alex Mitchell is your go-to expert for all things mobile. With a passion for the latest smartphones, apps, and mobile innovations, Alex provides in-depth reviews, insightful analyses, and breaking news about the ever-evolving world of mobile technology. Stay connected with Alex to navigate the fast-paced realm of mobile devices.
