No Movement On Joe Bidens Promise To Create A Public Credit Reporting Agency
President Joe Biden’s campaign proposal to create a new agency within the Consumer Financial Protection Bureau to provide credit scores has not been successful.
The Consumer Financial Protection Bureau, which implements and enforces federal consumer financial law, told PolitiFact it has “taken significant actions” to help consumers combat coercion through increased guidance to the consumer reporting industry, agency enforcement and rulemaking powers.
A bureau spokesperson also said the agency is “taking an expansive look at” how to hold the largest three credit reporting agencies Experian, Equifax and TransUnion accountable for complying with their legal obligations to investigate consumers’ disputes and correct errors, among other things.
But the agency did not confirm the creation of a public credit reporting entity, as Biden promised.
Rep. Ayanna Pressley, D- Mass., in July introduced a bill to amend the Fair Credit Reporting Act and require nationwide consumer reporting agencies to use a person’s current legal name on consumer reports, among other documents. The bill’s main goal is to protect transgender people from unlawful discrimination based on their gender identity. It did not propose creating a public credit reporting agency.
Other bills died in the Senate of the current 117th Congress.
Many were proposed after a June 2021 House Financial Services Committee hearing on racial and income inequities in the credit reporting system.
Analysis: Here’s Why Fewer States Than Ever Could Pick The Next President
From CNN’s Ronald Brownstein
The results of the 2022 midterm election point toward a 2024 presidential contest that will likely be decided by a tiny sliver of voters in a rapidly shrinking list of swing states realistically within reach for either party.
With only a few exceptions, this years results showed each side further consolidating its hold over the states that already lean in its direction. And in 2024, that will likely leave control of the White House in the hands of a very small number of states that are themselves divided almost exactly in half between the parties a list that looks even smaller after this months outcomes.
Five states decided the last presidential race by flipping from Trump in 2016 to Joe Biden in 2020 Arizona, Georgia, Michigan, Pennsylvania and Wisconsin. Democrats have already won six of the eight Senate and governor races decided across them this month and could notch a seventh victory if Democratic Sen. Raphael Warnock defeats Herschel Walker in a Georgia run-off in December.
Still, the results also showed Republicans tightening their grip on Ohio, Iowa and Florida: though Democrats won all three in both of Barack Obamas presidential victories, each now appears securely in the GOPs column for 2024 .
Which One Is Better: Online Or Paper
There is no definitive answer as to which one is better: online or paper-based IQ tests. However, there are a few key points that should be considered when making this decision.First of all, online IQ tests are convenient and easy to take. IQ levels This means that you can take them at any time and anywhere you want. They also have the advantage of being available in many languages.On the other hand, paper-based IQ tests are more accurate and reliable. They are also more difficult to cheat on, which makes them a better choice for people who want to ensure that their results are accurate.
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Read A Brief Summary Of This Topic
Donald Trump, in full Donald John Trump, , 45th president of the United States . Trump was a real-estate developer and businessman who owned, managed, or licensed his name to several hotels, casinos, golf courses, resorts, and residential properties in the New York City area and around the world. From the 1980s Trump also lent his name to scores of retail venturesincluding branded lines of clothing, cologne, food, and furnitureand to Trump University, which offered seminars in real-estate education from 2005 to 2010. In the early 21st century his private conglomerate, the Trump Organization, comprised some 500 companies involved in a wide range of businesses, including hotels and resorts, residential properties, merchandise, and entertainment and television. Trump was the third president in U.S. history to be impeached by the U.S. House of Representatives and the only president to be impeached twiceonce for abuse of power and obstruction of Congress in connection with the Ukraine scandal and once for incitement of insurrection in connection with the storming of the United States Capitol by a violent mob of Trump supporters as Congress met in joint session to ceremonially count electoral college votes from the 2020 presidential election. Both of Trumps impeachments ended in his acquittal by the U.S. Senate. Trump lost the 2020 election to former vice president Joe Biden by 306 electoral votes to 232 he lost the popular vote by more than seven million votes.
The Real Estate Mogul Should Have No Problem Paying Back His Loans In The Short Term But Come 2024 When He Might Be Running For President Again Things Could Get Dicey
Donald Trumps business owes an estimated $1.3 billion, nearly $200 million more than it did when he left office. But that doesnt mean that hes under more financial pressure. In fact, Trumps balance sheet is in better shape today than it was months ago.
The reason: Earlier this year, JPMorgan Chase helped loan $1.2 billion against a San Francisco office complex in which Trump holds a 30% minority interest. As a limited partner, Trump would not be personally liable for that debt in the event of a default. But it still has a huge effect on his finances. In fact, the new loan allowed Trump and his business partner, publicly traded Vornado Realty Trust, to pay back their previous debt against the building, which was due last month, and extract about $616 million in cash.
In other words, the refinancing increased the debt on the property but also provided its owners with more liquidity. If Trump received 30% of the cash-out, the deal would have boosted his liquid holdings from an estimated $110 million to nearly $300 million.
THE TIME LINE
Trump has an estimated $738 million of debt coming due over the next three years. If he is careful, he should be able to work his way through it.
Put it another way: The more cash Trump can stockpile now, the safer hell be theneven if that means increasing his debt load in the meantime.
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How To Build Your Credit
Lenders want to know you are trustworthy as a borrower. Since they use existing credit to help predict your ability to pay, its beneficial to build up that trust in the form of having creditors you pay off timeously. Doing so will build your credit report and score, which are needed if you ever want to buy a car or get a credit card.
It can take time and patience to build your credit, but it can be done if managed responsibly. Here are 10 steps to begin building your credit.
Check your credit report for errors
Request a free annual credit report from one of the three nationwide consumer credit-reporting bureaus Equifax, Experian and TransUnion and go through it carefully. Dispute any damaging errors you may find, like late payments that were actually paid on time, by sending the credit agency a certified letter explaining what information is inaccurate.
Pay your bills on time
One of the most significant contributing factors to a credit score is making payments on time to your lenders and creditors. Even one overdue payment can damage your score, but you can improve it if you have a record of consistent, on-time payments. Setting up an automatic bill-payment plan will help make sure you dont ever skip a payment.
Deal with any missed payments
Keep your balances as low as possible
If you do have high balances, pay your credit card bill early
Dont close old accounts
Dont apply for too much credit at the same time
Show youre trying to be responsible
The Wechsler Intelligence Scales
The Wechsler Intelligence Scales are designed to test the intelligence of a person. It is used for identifying people with mental disabilities and measuring their cognitive ability in order to plan for services that can help them improve on their skills. The tests measure several different areas including verbal, performance, visual-spatial and processing speed.
Lewis Terman
Lewis Terman was a Stanford University psychologist who developed the famous IQ test. The terman test is used to evaluate the mental capacity of an individual and assess his or her potential in various fields. It consists of several tasks that measure different skills such as intelligence, memory, problem solving ability and inductive reasoning etc.
The mental age is the mental age at a certain chronological age and reflects a childs intellectual development. In particular, MA represents childrens performance in tasks that are typically solved by older children.
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Effects Of Good Credit
A good credit score tells lenders you are a good investment. It tells them you are relatively good at heeding your financial obligations. Most people in this category repay their loans and are therefore considered to be relatively low-risk investments.
Having good credit typically means having little trouble finding a loan when you need one. Most likely, you havent been turned down for a credit card, car loan or mortgage. However, when you do receive loans or open new lines of credit, your credit score makes you ineligible for lenders lowest interest rates.
A good credit score is not the same as an excellent score. Even a small hike in interest rates can make a big difference.
Assume you have a mortgage of $250,000, and you plan to own your house after 30 years. Your good credit score earns you an interest rate of 4 percent, whereas someone with excellent credit may receive a rate of 3 percent. During the 30-year repayment period, youll spend $179,674 in interest, while the person with the lower interest rate spends only $129,444. The small rate difference cost you more than $50,000.
On the other hand, youll pay substantially less than someone with a lower credit score requesting a comparable mortgage. In other words, your situation could be worse, but having some credit blemishes will still cost you.
Walkers Defeat In Georgia Delivers Another Blow To Trump And His 2024 Bid
From CNN’s Kristen Holmes and Gabby Orr
Donald Trump was hoping for a win on Tuesday amid the slow start to his latest presidential campaign, believing a victory for his longtime friend and hand-picked candidate Herschel Walker in the Georgia Senate runoff would mitigate calls for new Republican leadership following a spate of losses for his endorsed candidates in high-profile 2022 races.
Instead, Trumps first cycle as a so-called GOP kingmaker ended with one final blow to his scorecard.
Walker lost by nearly 3 percentage points to Sen. Raphael Warnock, handing Democrats a wider Senate majority than theyve had the past two years and plunging the former president into deeper scrutiny as the GOPs only declared 2024 contender.
OUR COUNTRY IS IN BIG TROUBLE. WHAT A MESS! Trump wrote on his Truth Social site shortly after several networks called the race for Warnock late Tuesday night.
One source close to Trump said the Georgia results were likely to further damage the 2024 Republican hopefuls third presidential campaign, which has been marred by a series of self-inflicted wounds and legal troubles in the three weeks since Trump announced he was running.
This is really, really bad, this person said.
Many in the former presidents orbit are concerned that this will boost demand for other Republicans to challenge him for the partys presidential nomination.
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Your Score Range: 550
A score between 550 and 649 sits below the national average, which is around 660. Credit scores in this range are considered a problem, and they indicate that you had some significant missteps in your financial history as a consumer.
With such an iffy credit score, you have plenty of room for improvement. That said, you are far from the bottom of the credit score spectrum, which is 300.
Youll have to work to regain the trust of creditors and lenders, and youll face high interest rates in the meantime. About one in five Americans falls into this problem range.
Trump Pledges To Get Better Deals From Drug Companies
Even after paying into the Medicare system throughout their lives through taxes and Social Security payments, some treatments and drugs still require users to pay for them. During his first term Trump lifted the so-called gag orders that were preventing pharmacists advising patients of cheaper alternatives, and capped insulin costs for some users. Publically, Trump has insisted that he does not intend to make cuts to Medicare provision but his March budget announcement revealed plans for a $1.5 trillion spending cut over the next decade.
Trump said he wouldnt cut Medicaid, Social Security, and Medicare. His 2020 budget cuts all 3.
Jon Favreau
Going forward, the President has said that he will send $200 payment cards to 33 million individuals to help with the cost of drugs, although no concrete plans have yet been outlined. Trump would also like to see consumers able to import prescriptions from overseas, thus expanding the market and hopefully bringing down prices across the board.
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Average Intelligence What Is Donald Trump Iq Score
1. Differentiation in intelligence is occurring across the world and the average intelligence of a person has been increasing rapidly over time.2. The average intelligence level of an individual is called as Intelligence Quotient or IQ, which measures overall mental ability compared to peers within their age group .3. If you are looking at differentiating between giftedness, genius and average Iq levels then average iq score will help you differentiate these types as per below definition:intelligence Highest iq.
What Is Donald Trumps Iq
There is no way to know Donald Trumps specific IQ level, although reports claimed that the former US President has an estimated 156 IQ score. According to snopes.com, a study was conducted in 2006 by the University of California to determine the IQ level of some US Presidents.
Unfortunately, there was no specific score for most of the presidents at the time. So, Davis psychologist Dean Keith Simonton, who was the leader of the research group, deployed a historiometric strategy to estimate the result of each president, including Trump.
They consider Donald Trumps highest level of education, academic honors, scores in college admission exams, occupation, and preferences to know his possible reasoning and intellectual capacity.
After all the findings, Simonton created a chart for all the US presidents and their possible IQ scores. He listed Donald Trump among the top five US presidents with the highest IQ, scoring 156. Others in the top five are John Quincy Adams , Thomas Jefferson , John F Kennedy , Bill Clinton , and Woodrow Wilson
Many websites, like the US NEWS and journals, also published something about Trumps IQ in 2015, placing him among the cleverest and brightest US presidents with an estimated 156 IQ.
Though many people faulted and criticized Simontons final chart and the media outlets, many people including Trump himself, believe he is a wise man with a well-over 100 IQ score.
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How Can Student Loan Debt On Your Credit Report Affect Your Credit Score
Student loans are considered installment loans, which impact your differently than credit card debt does. Sometimes, carrying a student loan balance can actually help your credit mix by adding variety to the kind of loan products you have. But the small positive effect it may have on your credit score is not in itself worth delaying your loan payments.
The biggest key factor, making up about 35% of your score, is on-time payments. This applies to all revolving and non-revolving lines of credit, including your student loans. No matter the size of your loan debt, if youre having trouble making your student loan payments each month, youll see this reflected in your credit score.
Any delinquent account that appears on your credit report can have a noticeable and negative impact on your score, McClary says.
Last, having high student loan payments each month can make it harder to pay off your credit card balance. If you carry a balance from month to month, it will increase your , the second-largest factor in calculating your credit score.
What Are Donald Trump’s Sat Scores Michael Cohen Claims President Threatened Schools To Keep His Grades Secret
President Donald Trump allegedly ordered that threatening letters be sent to his schools so that they would not make his grades or SAT scores public, according to his former lawyer and fixer Michael Cohen.
Trump was educated at New York Military Academy, a boarding school, from 13 before enrolling at Fordham University as a student. He transferred as a junior to the Wharton School of Business at the University of Pennsylvania and graduated with a bachelors degree in economics in 1968.
Cohen is headed to Capitol Hill Wednesday morning to testify before the House Oversight and Reform Committee about his years working for Trump. A copy of his opening statement was published by The New York Times.
Attached to the statement are “copies of letters I wrote at Mr. Trump’s direction that threatened his high school, colleges and the College Board not to release his grades or SAT scores,” according to the document.
Trump often boasts of his intelligence and admonishes others for their alleged stupidity or “low IQ” as he perceives it. But there is little record of Trump’s academic achievements beyond the fact that he graduated from high school and college, with no public details of his grades or SAT scores.
“When I say con man, I’m talking about a man who declares himself brilliant but directed me to threaten his high school, his colleges, and the College Board to never release his grades or SAT scores,” Cohen is set to tell Congress.
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