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cactusjuba

Member since: September 2009

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Credit Scores By State

You can correlate a lot of things from this. Political party, sure. Percent of obesity is another.
Interesting comment about correlation of political party to credit scores. Some truth, but mostly non-truths. As was said before, credit scores measure how well you pay off your debt. So if you dont have debt, it shows a lower score. Fiscal responsibility in some cultures have different meanings. In Southern Cal, it would be to make on-time payments on your 10 credit cards that were spent on material unessentials, like clothes and chrome wheels on a BMW. In the rural Midwest, financial responsibility would be to save up money and buy a used car with cash. Yet, who would have the higher "credit score"? The Californian. Now if there were a color coded map based on debt/income ratio, I wouldn't be shocked to see a reversal, except of course for the deep south.

Comment posted 2 years ago

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