News for hackers. Stuff that matters.

A comment on Thousands trapped on Pine Ridge burn clothes for warmth in wake of storm. Parent comment

Re:Thousands trapped on Pine Ridge burn clothes for warmth i... by bobthepanda on Monday December 26, 2022 @01:12PM (#34140168)
Of course, but also it is a little ridiculous that someone with $170k+ salary is totally unable to rent at most places due to automatic credit score rejection, despite pretty much everything being below the rule of thumb for rent and salary.
[ Parent | on HN ]
Re:Thousands trapped on Pine Ridge burn clothes for warmth i... by vorpalhex on Monday December 26, 2022 @01:54PM (#34140576)
I have a relative who has generally been in and out of debt. Occasionally, she convinces someone in the family to give her a cash infusion - enough to clear the debts.

She goes back into debt right after.

In her youth, she didn't make much. She has since become a skilled professional though and now makes a very good salary.

She is still in debt.

I have friends who make mind boggling amounts of money and also have amazing debt. As they have made more their debt has gotten worse, not better.

A credit score says whether or not you have paid back your debts. Making more money does not fix the broken behavior - it often times makes it worse.

[ Parent | on HN ]
Re:Thousands trapped on Pine Ridge burn clothes for warmth i... by bobthepanda on Monday December 26, 2022 @08:23PM (#34143870)
At the same time, being unable to rent an apartment in DC as a Congressperson effectively cuts out people who were, or are of, a certain income strata from ever serving as representatives and Senators. Is that actually desirable?
[ Parent | on HN ]
Re:Thousands trapped on Pine Ridge burn clothes for warmth i... by vorpalhex on Tuesday December 27, 2022 @01:12PM (#34151670)
No. They can commute from Maryland or Virginia like everyone else.

Biden, when he was VP under Obama, commuted back and forth to Delaware on the weekends still.

[ Parent | on HN ]
Re:Thousands trapped on Pine Ridge burn clothes for warmth i... by bobthepanda on Tuesday December 27, 2022 @01:43PM (#34152083)
Those states, and pretty much every state, also have apartments that run credit score checks.
[ Parent | on HN ]
Re:Thousands trapped on Pine Ridge burn clothes for warmth i... by vorpalhex on Tuesday December 27, 2022 @07:06PM (#34155688)
Yes, and you can still get housing with a bad credit score, you will just be getting less expensive housing.
[ Parent | on HN ]