Approximately in 2023 or 2024, the practice of borrowing money in China was rampant; at one point, Douyin and Xiaohongshu had complete tutorials on how to do it. Many people, especially middle-aged individuals with good credit, had already taken loans from online lending platforms, small loans, as well as from WeChat, Alipay, banks, and JD.com before attempting to borrow money, leading to a large number of people engaging in this practice during that time.

This also contributed to one of the reasons why house prices in the United States continued to rise during Biden's administration despite the pandemic. I remember watching an interview on YouTube that discussed how friends who engaged in borrowing money were able to buy houses in the United States with cash. Of course, it was a minority who bought houses outright, but many still rented homes at high prices, especially since subleasing was very popular in the Chinese community at that time.

Thus, what Brother Link said about maintaining good credit before the age of 40 was at least effective during that period. However, those engaged in borrowing money at that stage encountered the strict immigration policies under Trump, meaning many might face difficulties obtaining residency cards. I heard that many immigrants hope the Republican Party does not get re-elected this time, and that when the Democrats come to power, there will be opportunities for further relaxation, allowing them a chance to obtain their residency cards; for now, they are trying to find ways to file lawsuits and buy time.

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