Only simpletons think something like this is a good idea.
Do a good job of paying your bills, so you get to pay more for those who don't pay their bills? How idiotic is that?
Good credit isn't a matter of wealth or not. It's a matter of responsibility. Either you are a responsible person, or you aren't. If you borrow, you pay back according to the terms to which you agreed.
There really are no arguments against what I just said. If you do, then I suspect you haven't been paying your bills either.
I have no problem with people with lower credit scores being able to get loans, but requiring people who have good scores, because they have proven to be credit worthy, pay for others lack of responsibility just doesn't fly. It's bullcrap is what it is.
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