4 ms·
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,
by bobthepanda 4y ago
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.
- vorpalhex 4y agoI 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.
- bobthepanda 4y agoAt 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?
- vorpalhex 4y agoNo. 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.
- bobthepanda 4y agoThose states, and pretty much every state, also have apartments that run credit score checks.
- vorpalhex 4y agoYes, and you can still get housing with a bad credit score, you will just be getting less expensive housing.