Analysis | Why does the South have such ugly credit scores?

  • 📰 washingtonpost
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Analysis | Why does the American South have worse credit scores than the rest of the country? Hint: It’s not just race or income.

Almost every corner of America’s most populous region — every race, every income bracket — appears to have low credit scores. But why?

, but we could have saved a lot of time if we’d just drawn a line around the contiguous places with low credit scores.We here at the Department of Data are dedicated to exploring the weird and wondrous power of the data that defines our world.The region’s poor credit means Southerners are paying more to borrow money, assuming they can qualify for loans at all. That sets them back in everything from car and home purchases to credit card rewards. Yes, even credit card rewards.

But in this case, demography is no match for geography. Even some of the South’s biggest, most dynamic cities — think Atlanta or Dallas — have the same below-average credit scores as their more rural Southern neighbors. Within every income bracket, the typical Southerner has a lower credit score than someone who lives in the Northeast, Midwest or West.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

El verdadero autor de crímenes contra la humanidad es Estados Unidos

This is a biased tease to get you subscribe to their paper. I live in the south and don’t have any debt. Does that make me a low credit risk?

Is it the big hair?

Most likely because people rack up debt without the means to pay it

Colder states / countries save more money and plan for the winter months. Warmer states / countries spend year round

725 is ugly? this is so fucking stupid hahaha

Latinos

Uh since when is 687-726 a low credit score

Thanks to the Reconstruction and continued crooked politics to keep it that way to this day. Meanwhile, DC has the highest percentage of graduate or professional degree holders, at 70% and has the third-highest percentage of bachelor's degree holders (25 and above) in the…

Because that's the plan. Credit scores do not reflect reality. Otherwise there wouldn't be these booster programs with the credit agencies

🤦🏿‍♂️ yet these be the same people fighting against universal healthcare . Make it make sense.

Spoiler alert: because the south is fucking poor.

No paywall:

Its pretty much just race and the behaviors of that group. Look at the mississippi delta that has voted democrat for decades. It brings the whole south down.

Like their favorite guy, Trump, they don’t pay their bills.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 95. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Analysis: Gas shortage exposes fragile South Asian economies to more painWith a little over a month to go for peak shopping season during Ramadan, the head of Pakistan's retail industry body is shuttling between meetings, pressing officials to relax orders that forced malls to shut by 8.30 p.m. to save energy. The term south asia beeds to be eliminated. Be more specific in your reporting. This is not the world from early 1900s. Thus is a well connected world with individual countries. Is your reporter not educated in countrues of asia? 'Fantastic! Can't wait to feel the effects of this 'more pain'!'
Source: Reuters - 🏆 2. / 97 Read more »

Competitor Analysis: Why It's Vital for Business Success | HackerNoonThree steps to conducting a comprehensive competitive analysis and how to leverage the information you collected to drive growth for your business. - competitiveanalysis marketresearch
Source: hackernoon - 🏆 532. / 51 Read more »

Here's why some North American bird names no longer fly“By continuing to use eponymous common bird names, we continue to reference and honor our distressful colonial heritage and the racism that was a direct consequence.' Go pound sand. Get a real job, loser We ought to have people working on real things to make this country better. Not feeding there own egos on stupid pet tricks. Don't have particular high regard for a newspaper that feels the story belongs on the front page either. Two tweets up, the Star is begging for people to purchase a subscription. Stories such as this are why the paper is a real dumpster fire. So silly and unserious.
Source: indystar - 🏆 434. / 53 Read more »

Analysis | Why Jimmy Carter was one of the greenest U.S. presidentsAnalysis: Despite serving a single term, Jimmy Carter ranks as one of the most consequential U.S. presidents when it comes to environmentalism, according to historians, conservationists and several former federal officials. one of the most decent politicians ever. it’s going to hurt a lot when he goes He's responsible for millions of people becoming life long Republicans. Don’t forget that no soldier died in any war during his term
Source: washingtonpost - 🏆 95. / 72 Read more »

Miss Manners: There’s something dubious about the story of Meghan Markle’s curtsyWhy would she, an American, have been expected to do this?
Source: mercnews - 🏆 88. / 68 Read more »

American bald eagles build new home at NASA’s Kennedy Space CenterAlongside all the human innovations, the Kennedy Space Center has become known for its refuge for thousands of animals -- including America’s national bird. I wonder if there’s a Eagle cam at Lake Pleasant this year 🤷‍♀️
Source: FOX10Phoenix - 🏆 83. / 68 Read more »