Credit Cards

[Anonymous No.56877147]

If nothing is going to happen to me other than my credit score going down (don’t care will never own a house) then are credit cards basically free money?

[Anonymous No.56877168]

>>56877147
Go ahead and find out

[Anonymous No.56877169]

>>56877147
*debt. only gold and silver are money.

[Anonymous No.56877175]

>>56877147
Yeah they are and you can get it written off or wait 6 years and do it all again

[Anonymous No.56877820]

You know you don’t get to keep most money or assets in personal bankruptcy, yeah?

>B... B...but I'll change it to bitcoin before i file
cryptocurrency assets will be seized by the state and you’ll be left with a hole in your pocket and an international warrant for fraud

>B...but They cant do that if my bitcoin is on my person
your cold carrier you mean? your keys and account will get blacklisted by all major world banks and exchange platforms. you’ll lose a couple of tens of thousands of dollars trying to turn bitcoins into liquid cash through shitty exchange

[Anonymous No.56877855]

>>56877820
>You know you don’t get to keep most money or assets in personal bankruptcy, yeah?
That's why people toss everything into a trust

[Anonymous No.56877860]

>>56877147
https://youtu.be/BD5anPSzS-0?si=DYyGvRoC4Z-pfSMg
>>56877820
So just don't declare bankruptcy bozo
Every take on this topic always implies that you have some out where you end up debt free and sail away
The out is to jew them down to a pittance until they'll accept 0.01% payments or settle for a dimebag

[Anonymous No.56877878]

>>56877147
>Doesn't understand the IRL impacts of bad credit
>Doesn't even bother to look up the dictionary definition of credit and credibility
Fuck around and find out

[Anonymous No.56878626]

>>56877147
If your score goes down:
No car loan
No home loan
No postpaid internet/cell/utilities service
Fail every tenant check from landlords
Fail job interviews when employer runs credit check
High insurance rates
>other than my credit score going down
Your creditor will sue you in court and you will lose. The judge will allow any of the following:
Wages garnished
Bank accounts seized
Personal property seized
Liens on property

[Anonymous No.56878688]

>hey man! I'm addicted to whores and coke. I can do like $2 a month. They got me on these pills, man!

[Anonymous No.56878703]

>>56878626
Amerigolems and wagie slaves are can't debtmaxx

NEETchads can't stop winning

>t. Debtmaxxed $250k after 4 years of good goy score and already owned a home before taking the credit cards

[Anonymous No.56879326]

>>56878626
WHy would any of this matter if one was planning to leave the US anyway? None of that shit affects you while ur banging teenagers in thailand. Also if you debtmaxxxed an LLC it doesnt do shit to your personal credit. How much do you get paid to defend the system, cuck?

[Anonymous No.56879600]

>No car loan

[Anonymous No.56879655]

>>56879600
no I NEED some depreciating asset that has 9.7% APR on 182 payments I CAN’T drive an economy shitbox

[Anonymous No.56880127]

>>56877147
>If nothing is going to happen to me other than my credit score going down
The bank would also, via the legal system, take the money you owe it.

[Anonymous No.56880184]

What happens if you max out your credit card then throw your card in the trash or lose it? Do you still have to pay the bill?

[Anonymous No.56880957]

>>56877147
I look forward to watching the Live PD episode where you try to fight the truck driver and the cops arrest you after your shitbox car gets repo'd.