"I am a mid-30s single woman with no kids, and because of my credit score-low 500s-I feel like I am invisible. I don't qualify for a credit card, I can't rent a car, I can't get an apartment without my parents co-signing. I have "modest" student loans-$38,000-that because of the CARES Act have finally come out of collections, but nothing on my credit score has changed."
"You are not alone. Millions of Americans are living paycheck to paycheck, and not because they're irresponsible or have done anything wrong. There are probably many people you know who are struggling with similar issues, and you're unaware of it because people are embarrassed to talk about financial struggles. We live in a country where people equate money with success and hard work, even though financial security is often determined by other factors."
A mid-30s single woman with a low-500s credit score faces denials for credit cards, car rentals, and apartments and requires parental co-signing. Her $38,000 in student loans recently exited collections under the CARES Act but her credit score remained unchanged. She works in the restaurant industry in an expensive city, earns decent money, yet lives paycheck to paycheck and feels invisible and embarrassed to date. Millions of Americans share similar financial precarity driven by systemic factors and by deliberate trade-offs related to work, location, and lifestyle choices.
Read at Slate Magazine
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