This is a dangerous move!!

I tell you what, before I go for a new mortgage, why don’t I just default on all my debts so I can lower my credit score and get a cheaper deal at the expense of a non-defaulter?

If this doesn’t tell you the system is broken then I don’t know what will!

https://reason.com/2023/04/21/borrowers-with-high-credit-scores-penalized-under-new-federal-mortgage-fee-plan/

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If you want to understand why credit needs to be priced higher for lower scoring people then this should help:

A Credit Risk Analyst’s Journey into Bitcoin https://medium.com/@kris.john.adams/a-credit-risk-analysts-journey-into-bitcoin-c035ec86ba1