DiscoverBiggerPockets Daily1406 - The Government Has Taken a Permanent Intellectual Vacation by Andreas Mueller
1406 - The Government Has Taken a Permanent Intellectual Vacation by Andreas Mueller

1406 - The Government Has Taken a Permanent Intellectual Vacation by Andreas Mueller

Update: 2024-08-20
Share

Description

Last week, the federal government announced plans to block medical debt from credit reports, which are used to evaluate a borrower’s financial fitness for large-ticket items, specifically mortgages and car loans. This would make it easier for folks to acquire more debt and not be “judged” for it. 

All things being equal, it’s not a good idea.

Let’s ignore for now whether this is right or wrong and try to exclude all political thoughts. Let’s just look at the facts.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Comments 
In Channel
loading
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

1406 - The Government Has Taken a Permanent Intellectual Vacation by Andreas Mueller

1406 - The Government Has Taken a Permanent Intellectual Vacation by Andreas Mueller

BiggerPockets