Can Climate Change Hurt Your Credit Score?

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports from New York City that climate change is starting to influence personal credit outcomes. Based on a report from MSNBC, he explains how mortgage lenders are now factoring in climate risk—such as hurricanes and wildfires—when evaluating loan applicants. As extreme weather events become more frequent and costly, banks are assessing geographic climate vulnerability, which could negatively affect credit scores and lending decisions, particularly in high-risk areas like Miami, New Orleans, and Los Angeles.