Friday, February 3, 2023
HomeMarketMaxwell Frost, future Gen Z congressman, denied D.C. apartment over bad credit

Maxwell Frost, future Gen Z congressman, denied D.C. apartment over bad credit

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Maxwell Frost, House representative-elect and future first member of Generation Z in Congress, says he was denied an apartment in Washington D.C. over bad credit.

Frost said in a Twitter thread Thursday that he has bad credit due to debt he acclimated after running (and winning) his race for Florida’s 10th Congressional District.

The 25-year old Frost raised more than $1.2 million during his campaign and beat Republican Calvin Wimbish by over 30,000 votes.

About 42% of Americans say they have been denied a financial tool like a credit card or loan in the past year due to bad credit, according to a LendingTree survey. Overall average credit scores in the U.S. have either increased or stayed the same every year since 2017, according to Experian.

Some ways to improve your credit score may include making on-time credit-card payments and lowering your debt obligations.

Frost was a progressive candidate who ran for “social, racial & economic justice,” and received high-profile endorsements from Democratic Sens. Bernie Sanders and Elizabeth Warren.

See: More than half of renters say they’ll never be able to own a home

Interestingly, Frost’s campaign manager told Axios that the representative-elect informed the apartment building he was applying to that he was set to serve in the incoming Congress, but he was denied anyway.

On several occasions, Frost said he drove for Uber
UBER,
+0.19%
during his campaign to pay his bills.

According to the U.S. House of Representatives Press Gallery, House members’ annual salary is $174,000.

Read more: ‘Sloppy, bad, false data’: Tenant-screening reports used by landlords can include outdated or incorrect information, CFPB says

Credit: marketwatch.com

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