Some Red State/Blue State Indicia

I highly doubt that analysis. Then again- it is that rag WaPo no one thinks is legit anymore


You can literally pay 1$ a month on medical bills and have zero impact on your credit
 
The effect went beyond medicine. Folks enrolled in Medicaid under the ACA saw their overall debt in collections fall by about $1,140 through 2015, according to a Journal of Public Economics analysis. People in low-income neighborhoods also saw significant reductions in unpaid bills and debt sent to collectors after the Medicaid expansion, the analysis found.

“Expanding Medicaid could help a lot, but these states just don’t do it,” Braga told us. “And they don’t realize how much of an impact that actually has on people’s lives and their financial well-being — even access to employment. If you have a bad credit history, employers might deny you work, you know?”

Credit-rating agencies and their partners — such as Fair Isaac Corp. (FICO) of Bozeman, Mont. — reduced the role that medical debt plays in their scores in 2017 following a settlement between credit-rating agencies and 31 states’ attorneys general. Still, the share of residents with overdue medical debt remains more strongly linked to a county’s credit score than any other factor we considered, including debt related to car loans, credit cards and student loans.
 
Last year, the federal Consumer Financial Protection Bureau (CFPB) issued a scathing report finding that medical debt is “an unexpected, unwanted, and financially devastating expense” that is “far less reliable and predictive of people’s ability to pay their bills” than other kinds of borrowing.

Within weeks, the big three credit-reporting bureaus (Experian, TransUnion and Equifax) announced steps to further reduce medical debt’s influence on credit scores — though Justin Hakes of the Consumer Data Industry Association, which represents the bureaus, said the changes were “not the result of recent reports from the CFPB and other regulatory bodies.”

Starting this year, medical bills under $500 will no longer affect your credit report — even after they’re sent to collections. That should wipe an estimated two-thirds of medical-debt collections from credit reports.

However, that move could push the South even further behind. According to the CFPB, “people living in the north and east are more likely to benefit” from the change, as they have debts that are more likely to fall below the $500 threshold.
 
Tapate50 said:
I highly doubt that analysis. Then again- it is that rag WaPo no one thinks is legit anymore


You can literally pay 1$ a month on medical bills and have zero impact on your credit
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read a little

learn something

doesn't have to the the WaPo though that wouldn't hurt
 
Anyone with half a brain knows that poor credit scores are almost always due to poor spending habits. People spend the bulk of their paychecks on unnecessary entertainment and then bury themselves in credit card debt to pay their bills. They never climb out of the hole because they never stop spending money on the unnecessary entertainment.

Try convincing one of these people to merely save $20 a month and they can't do it. They claim they need that money for bills or baby formula while they forget to mention that they already spent 5x that amount on Starbucks for the month.
 
ESP47 said:
Anyone with half a brain knows that poor credit scores are almost always due to poor spending habits. People spend the bulk of their paychecks on unnecessary entertainment and then bury themselves in credit card debt to pay their bills. They never climb out of the hole because they never stop spending money on the unnecessary entertainment.

Try convincing one of these people to merely save $20 a month and they can't do it. They claim they need that money for bills or baby formula while they forget to mention that they already spent 5x that amount on Starbucks for the month.
Click to expand...



You’d be amazed how many poor people throw money at scratch offs and the lottery
 
Jeff Tiedrich
@itsJeffTiedrich
·
1h
your reminder that Donald Trump ****ing bragged about gutting rail safety

regulations and every Republican voted with him and Governor Mike DeWine (R-Ohio)

turned down FEMA aid and now these culpable ********s have the

****ing nerve to blame Joe Biden. **** that bull****
 
sturg33 said:
Indeed. The train derailment was the fault of the guy who has been out of office 2 years
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I don’t know how anyone could see it otherwise. Just no time to address it since. Been taking too much money out of Americans pockets to pay any attention to anything else
 
sturg33 said:
Indeed. The train derailment was the fault of the guy who has been out of office 2 years
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Where was this logic when Trump was blaming anything and everything bad during his Presidency on Obama. 3 years into his reign he was blaming Obama for not having a vaccine for a virus that didn't exist when he was in office.
 
Krgrecw said:
You’d be amazed how many poor people throw money at scratch offs and the lottery
Click to expand...


This. Lottery is simply a tax on the poor and stupid. Should be illegal to buy if you are taking government handouts. As should beer and cigarettes. If you got money for that **** you don't need other peoples money. People can **** talk me for smoking weed but I have never taken a dime of government money. I have taken money to replace fines I have paid but that's just getting my own money back.
 
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