So, this is how they plan to make credit scores meaningless.
For those of us who’ve never defaulted on anything, our scores mean nothing more than the FBs who overpaid, took on more debt than they could ever repay, lived rent-free, and then were relieved of hundreds of thousands of dollars worth of debt that they agreed to pay.
Nice.
BTW, could they have picked a better couple to represent the program? I’d bet big dollars that they are NOT representative of most FBs.