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(22,163 posts)
Mon Jul 3, 2023, 12:28 PM Jul 2023

WAPO: Why the South has such low credit scores [View all]

Today, we look at a big, fat map of credit scores reproduced from a recent economics paper. And while the map suggests any number of tantalizing questions, we are most intrigued by that big band of credit-score calamity that stretches across the American South.
“The reason why credit scores are so low in the South has gotta be connected to medical debt, because that’s the most common type of unpaid bill that people have,” Braga said. And the South, he said, easily has the highest levels of medical debt in the country.

Of the 100 counties with the highest share of adults struggling to pay their medical debt, 92 are in the South, and the other eight are in neighboring Oklahoma and Missouri, according to credit data from the Urban Institute. (On the other side, 82 of the 100 counties with the least pervasive medical-debt problems are in the Midwest, with 45 in Minnesota alone.)
But health alone does not solve the puzzle: Several Northeastern states struggle with chronic health conditions and have good credit.

A clue to the broader answer comes from a recent analysis in the Journal of the American Medical Association, which found that medical debt “became more concentrated in lower-income communities in states that did not expand Medicaid” after key provisions of the Affordable Care Act took effect in 2014.

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And I bet the MAGAt Republicans are itching to reinstate debtors' (for profit) prisons. ARPad95 Jul 2023 #1
There's a court in KS already doing it. xmas74 Jul 2023 #6
ONLY for those that don't look like them. Ferrets are Cool Jul 2023 #18
But at least they pwned the libs, right? regnaD kciN Jul 2023 #2
Dems need to start saying stuff like this up Johnny2X2X Jul 2023 #3
You'd Have To Call In to Whatever AM Radio modrepub Jul 2023 #20
I always ask, "Who benefits" Tesha Jul 2023 #4
Exactly! this BComplex Jul 2023 #5
I would love to see a map of how counties voted in 2020 side-by-side with this map. sinkingfeeling Jul 2023 #7
Republican controlled states didn't opt in for the Medicaid expansion gratuitous Jul 2023 #8
"The ostensible reason was unfunded mandates and states' rights, . . . " AverageOldGuy Jul 2023 #13
But please, keep voting against your own best interests. Aristus Jul 2023 #9
I wonder what the demographic breakdown is. Lucky Luciano Jul 2023 #11
A lot of the ones suffering from medical debt Elessar Zappa Jul 2023 #17
Kick dalton99a Jul 2023 #10
Thanks for extracting these. yonder Jul 2023 #19
If there's one thing that sucks about Texas TexasDem69 Jul 2023 #12
Racism, the end. WhiskeyGrinder Jul 2023 #14
Yep, Republican Govs screwing over poor people. SYFROYH Jul 2023 #15
Just keep voting AGAINST your own best interests, IDIOTS !! nt TeamProg Jul 2023 #16
joke's on them vercetti2021 Jul 2023 #21
Karma NowISeetheLight Jul 2023 #22
One aspect of credit is zip code. When my husband and I moved from D.C. to our rural allegorical oracle Jul 2023 #23
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