Can anyone verify this?
First heard about it yesterday where Biden is making ppl with good credit scores to pay for ppl with bad credit scores starting May 1. Im giving it 72 hours before i say its bullshit or not. Big key is i have not seen it on this forum which leads me to believe it is fake news.
If this turns out true, this is my last mortgage payment, thats how this works right? lol
https://www.newsweek.com/biden-raises-costs-homebuyers-good-credit-help-risky-borrowers-1795700
When I heard of this it brought to mind when I asked my car insurance company why my cost is up $200 they said its to make up for increase labor and supplies for home claims. I said I have car insurance, not home and why should I pay toward someone else's home policy? Need to switch car ins company.