And in so doing you screw up your credit rating.
Correction -- 100,000,000 Americans "screw up" their credit ratings. If that actually happened and nobody extended any further credit to them, the economy would crash and everybody would lose. It might be very interesting to see what would happen if that many people had that much discipline, organization and audacity.
Did you notice that the writer said the plan is pure nonsense and would only lead to a massive spiral of debt?
The article made a valid point. You might read to the end next time?