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Tag: Credit scores

Biden’s Attack On Middle-Class American Wallets Continue,  Congress Now Penalizing People With Decent Or Good Credit Scores. 

Posted on April 22, 2023April 22, 2023 by DT

Under a new Biden administration rule, homeowners with good credit would pay higher mortgage rates to subsidize loans to people with less credit. GOP Representative Michael Lawler of New York told Newsweek that the new rule unfairly penalizes Americans for having good credit and rewards those who accrue debt and don’t pay their bills with cheaper loans.

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