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

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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.

 

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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.

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