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Mind Pump: Raw Fitness Truth
The New Rule for Mortgage Fees
People with higher credit scores will start paying higher mortgage fees while those with lower credit scores will pay less. This is so the banks can give more loans out to people with lesser credit and incentivize those people. By the way, by the way, here's why this is a terrible idea all the way around. First off, you're punishing people who are responsible, not rich, just responsible people. Number two, you're going to give loans to people who probably shouldn't be getting them in the first place.
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