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Biden Admin and Credit Scores #3420849
06/07/21 05:01 PM
06/07/21 05:01 PM
Joined: Aug 2001
Posts: 64,836
Luverne, AL
Skinny Offline OP
GUVNER
Skinny  Offline OP
GUVNER
Joined: Aug 2001
Posts: 64,836
Luverne, AL
Apparently the Biden admin is pushing the idea that credit scores should be adjusted higher for minorities, just cause they are minorities.
I thought part of the idea of credit scores was to take the face, name, ethnicity, etc... entirely out of the credit decision process?


Never Trust Government

"You can be broke but you cant be poor." Ruthie-May Webster
Re: Biden Admin and Credit Scores [Re: Skinny] #3420856
06/07/21 05:17 PM
06/07/21 05:17 PM
Joined: Aug 2003
Posts: 42,304
UR 6
top cat Offline
Freak of Nature
top cat  Offline
Freak of Nature
Joined: Aug 2003
Posts: 42,304
UR 6
My score is 70


LUCK:::; When presistence, dedication, perspiration and preparation meet up with opportunity!!!
- - - - - - - -A government big enough to give you everything you want, is big enough to take everything you have. Thomas Jeferson - - - - - - - -
Re: Biden Admin and Credit Scores [Re: Skinny] #3420859
06/07/21 05:19 PM
06/07/21 05:19 PM
Joined: Nov 2009
Posts: 417
North Ala.
D
Displaced Texan 01 Offline
4 point
Displaced Texan 01  Offline
4 point
D
Joined: Nov 2009
Posts: 417
North Ala.
He is trying to by votes

Re: Biden Admin and Credit Scores [Re: Skinny] #3420868
06/07/21 05:31 PM
06/07/21 05:31 PM
Joined: Feb 2014
Posts: 4,169
miss'ippi state
D
donia Offline
10 point
donia  Offline
10 point
D
Joined: Feb 2014
Posts: 4,169
miss'ippi state
Sounds like the ACT scoring back in the late 80’s/early 90’s for college admissions.


experience is a freakin' awesome teacher....
Re: Biden Admin and Credit Scores [Re: Skinny] #3420875
06/07/21 05:40 PM
06/07/21 05:40 PM
Joined: May 2018
Posts: 2,995
Banks of Little River
JohnnyLoco Offline
10 point
JohnnyLoco  Offline
10 point
Joined: May 2018
Posts: 2,995
Banks of Little River
I keep mine so low nobody would steal my identity

Re: Biden Admin and Credit Scores [Re: Skinny] #3420881
06/07/21 05:53 PM
06/07/21 05:53 PM
Joined: May 2015
Posts: 6,363
On the X
T
TickaTicka Offline
12 point
TickaTicka  Offline
12 point
T
Joined: May 2015
Posts: 6,363
On the X
That's fine. Then every application for credit will just be adjusted downward.

I could care less. I locked my credit several years ago and have just left it that way.


Public Land Owner
Re: Biden Admin and Credit Scores [Re: Skinny] #3420882
06/07/21 05:57 PM
06/07/21 05:57 PM
Joined: Jun 2015
Posts: 14,082
Some Marriott/Auburn
A
AU7MM08 Online content
Booner
AU7MM08  Online Content
Booner
A
Joined: Jun 2015
Posts: 14,082
Some Marriott/Auburn
We need to bring back NINJA loans.

Re: Biden Admin and Credit Scores [Re: Skinny] #3420907
06/07/21 06:39 PM
06/07/21 06:39 PM
Joined: Dec 2015
Posts: 22,440
blount county alabama
jwalker77 Online confused
Pumpkin
jwalker77  Online Confused
Pumpkin
Joined: Dec 2015
Posts: 22,440
blount county alabama
No racism there. Are yall starting to see a pattern?

Re: Biden Admin and Credit Scores [Re: Skinny] #3420910
06/07/21 06:42 PM
06/07/21 06:42 PM
Joined: Jan 2001
Posts: 26,004
Fayetteville TN Via Selma
jawbone Online content
Freak of Nature
jawbone  Online Content
Freak of Nature
Joined: Jan 2001
Posts: 26,004
Fayetteville TN Via Selma
Credit scores are useless anyways a lot of times. I am better off financially than I was a couple years ago and I'm paying stuff off every month and my credit score is dropping like a rock. No idea why. I guess I need to check and make sure no one has stolen my identity, but there has not been any indication of that.


Lord, please help us get our nation straightened out.
Re: Biden Admin and Credit Scores [Re: jawbone] #3420919
06/07/21 06:54 PM
06/07/21 06:54 PM
Joined: Jul 2011
Posts: 34,790
Boxes Cove
2Dogs Offline
Freak of Nature
2Dogs  Offline
Freak of Nature
Joined: Jul 2011
Posts: 34,790
Boxes Cove
Originally Posted by jawbone
Credit scores are useless anyways a lot of times. I am better off financially than I was a couple years ago and I'm paying stuff off every month and my credit score is dropping like a rock. No idea why. I guess I need to check and make sure no one has stolen my identity, but there has not been any indication of that.


I'm with ya , I think it's overrated BS, and people are waaaay to hung up on their score. I guess if every financial move you make is on credit and juggling payments is your thing, it's important .



"Why do you ask"?

Always vote the slowest path to socialism.







Re: Biden Admin and Credit Scores [Re: Skinny] #3420923
06/07/21 06:58 PM
06/07/21 06:58 PM
Joined: Aug 2003
Posts: 42,304
UR 6
top cat Offline
Freak of Nature
top cat  Offline
Freak of Nature
Joined: Aug 2003
Posts: 42,304
UR 6
I don't do credit. Mortgage is only thing I have


LUCK:::; When presistence, dedication, perspiration and preparation meet up with opportunity!!!
- - - - - - - -A government big enough to give you everything you want, is big enough to take everything you have. Thomas Jeferson - - - - - - - -
Re: Biden Admin and Credit Scores [Re: Skinny] #3420934
06/07/21 07:04 PM
06/07/21 07:04 PM
Joined: Nov 2008
Posts: 10,370
Alabama
W
whack-n-stack Offline
Booner
whack-n-stack  Offline
Booner
W
Joined: Nov 2008
Posts: 10,370
Alabama
Just go pay one of those credit repair business that advertise in the quarters.

Re: Biden Admin and Credit Scores [Re: jwalker77] #3420935
06/07/21 07:04 PM
06/07/21 07:04 PM
Joined: Aug 2001
Posts: 64,836
Luverne, AL
Skinny Offline OP
GUVNER
Skinny  Offline OP
GUVNER
Joined: Aug 2001
Posts: 64,836
Luverne, AL
Originally Posted by jwalker77
No racism there. Are yall starting to see a pattern?


It will make it easier for minorities to borrow money they cannot pay back. What could go wrong?


Never Trust Government

"You can be broke but you cant be poor." Ruthie-May Webster
Re: Biden Admin and Credit Scores [Re: Skinny] #3420936
06/07/21 07:06 PM
06/07/21 07:06 PM
Joined: Nov 2008
Posts: 10,370
Alabama
W
whack-n-stack Offline
Booner
whack-n-stack  Offline
Booner
W
Joined: Nov 2008
Posts: 10,370
Alabama
Originally Posted by Skinny
Originally Posted by jwalker77
No racism there. Are yall starting to see a pattern?


It will make it easier for minorities to borrow money they cannot pay back. What could go wrong?


Your neighborhood.

Re: Biden Admin and Credit Scores [Re: Skinny] #3420937
06/07/21 07:06 PM
06/07/21 07:06 PM
Joined: Jul 2011
Posts: 34,790
Boxes Cove
2Dogs Offline
Freak of Nature
2Dogs  Offline
Freak of Nature
Joined: Jul 2011
Posts: 34,790
Boxes Cove
Originally Posted by Skinny
Originally Posted by jwalker77
No racism there. Are yall starting to see a pattern?


It will make it easier for minorities to borrow money they cannot pay back. What could go wrong?


Just another mortgage meltdown like '08. But it'll be short lived cause the taxpayer will bail out the minorities who can't pay .



"Why do you ask"?

Always vote the slowest path to socialism.







Re: Biden Admin and Credit Scores [Re: Skinny] #3420941
06/07/21 07:14 PM
06/07/21 07:14 PM
Joined: Sep 2012
Posts: 18,259
North AL
A
AU338MAG Online IMG_0051.GIF
Old Mossy Horns
AU338MAG  Online IMG_0051.GIF
Old Mossy Horns
A
Joined: Sep 2012
Posts: 18,259
North AL
Originally Posted by Skinny
Originally Posted by jwalker77
No racism there. Are yall starting to see a pattern?


It will make it easier for minorities to borrow money they cannot pay back. What could go wrong?

Clinton did something similar when he was in office which essentially forced lenders to give loans to people with piss poor credit. This house of cards led directly to the great recession of 2008.

Dumbocrats never learn.


Dying ain't much of a living boy...Josey Wales

Molon Labe
Re: Biden Admin and Credit Scores [Re: Skinny] #3420944
06/07/21 07:18 PM
06/07/21 07:18 PM
Joined: Jun 2015
Posts: 14,082
Some Marriott/Auburn
A
AU7MM08 Online content
Booner
AU7MM08  Online Content
Booner
A
Joined: Jun 2015
Posts: 14,082
Some Marriott/Auburn
Who is down to party??


https://youtu.be/3hG4X5iTK8M

Re: Biden Admin and Credit Scores [Re: AU7MM08] #3420951
06/07/21 07:24 PM
06/07/21 07:24 PM
Joined: Jul 2011
Posts: 34,790
Boxes Cove
2Dogs Offline
Freak of Nature
2Dogs  Offline
Freak of Nature
Joined: Jul 2011
Posts: 34,790
Boxes Cove
Originally Posted by AU7MM08
Who is down to party??


https://youtu.be/3hG4X5iTK8M


Yep , that's it, and the Dems wanta serve up round two.



"Why do you ask"?

Always vote the slowest path to socialism.







Re: Biden Admin and Credit Scores [Re: Skinny] #3420952
06/07/21 07:26 PM
06/07/21 07:26 PM
Joined: Jun 2015
Posts: 14,082
Some Marriott/Auburn
A
AU7MM08 Online content
Booner
AU7MM08  Online Content
Booner
A
Joined: Jun 2015
Posts: 14,082
Some Marriott/Auburn
Sounds like a good time to go buyin in the “opportunity zones” when the music eventually stops playing.

Re: Biden Admin and Credit Scores [Re: AU7MM08] #3420956
06/07/21 07:28 PM
06/07/21 07:28 PM
Joined: Jul 2011
Posts: 34,790
Boxes Cove
2Dogs Offline
Freak of Nature
2Dogs  Offline
Freak of Nature
Joined: Jul 2011
Posts: 34,790
Boxes Cove
Originally Posted by AU7MM08
Sounds like a good time to go buyin in the “opportunity zones” when the music eventually stops playing.


You wanta snatch up 21st century slum property?



"Why do you ask"?

Always vote the slowest path to socialism.







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