Biden To Penalize Americans Who Work To Improve Credit Score – Seriously
View Source | April 25, 2023 6:32 am
- Have you been working on improving your credit score? Well, congratulations are in order because you are now probably responsible for paying someone else’s mortgage.
- A new policy, which the Biden administration just issued, mandates that homebuyers with good credit scores, those with a score of 680 or higher, will be charged additional money every single month in order to subsidize and lower the monthly payments of homebuyers who have poor credit scores.
- This rule was issued to help homebuyers with bad credit scores.
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