Thursday, April 4, 2019

April 4, 2019, T+92, Part 7

Updates

Later, 3:08 p.m. Central Time, from The New York Post --
Democratic darling Alexandria Ocasio-Cortez still hasn’t paid a six-year-old tax bill left over from a failed business venture. Weeks after The Post alerted the freshman Congresswoman’s office to the outstanding tax lien from 2012, she still hasn’t paid it, state records show. Brook Avenue Press, a company set up in the Bronx to publish books about city children, owes $1,877.56 in unpaid corporate taxes.   
Original Post
 
I had to look this up. Link here. A credit score and what it means:
  • 740 - 799: a consumer is generally financially responsible when it comes to money and credit management. Most of their payments, including loans, credit cards, utilities and rental payments, are made on time
  • 670 - 739: places a borrower near or slightly above the average of U.S. consumers, as the national average FICO score is 704 as of September 2018. While they may still earn competitive interest rates, they are unlikely to command the ideal rates of those in the two higher categories
  • 580 - 669: in the “fair” or “average” category. They may have some dings on their credit history, but there are no major delinquencies. 
  • under 580:  significantly damaged credit history. This may be the result of multiple defaults on different credit products from several different lenders. However, a poor score may also be the result of a bankruptcy, which will remain on a credit record for up to 10 years
Holy mackerel.

Under 580, a "significantly damaged credit history."

Had I been asked, I would have said "her" credit rating was probably around the US average. Never would have I thought below "average."

But now, a credit rating of 500 would have looked good.

Anyone wanna bet "her" credit rating goes to 750 or better a year from now?


Remember: this is the lady that cost her constituents the biggest prize of the early 21st century -- Amazon's HQ2.

The dots all sort of connect, don't they?

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