You can do this, but their response will be to tank your credit. Which makes it hard to get any new loans. Including home loans. Also makes it hard to rent a place, since almost all landlords do a credit check. Hard to get a normal auto loan if you need to buy a car. And iirc, your credit card interest rates will go up.
Comment on take out a huge loan
InternetCitizen2@lemmy.world 6 days ago
Just put your ultra capitalist hat when the time comes to repay them. Tell them its a free market and they took a risk like all for profit ventures, but its not looking good for them and better luck next time. Also nice tits bro, very milk.
blarghly@lemmy.world 5 days ago
Szyler@lemmy.world 2 days ago
Take your money to another country. There’s no credit check that follows you across borders.
blarghly@lemmy.world 2 days ago
Right. But banks like their money. Even though I’m not an expert, I assume that they wouldn’t let you get away with any significant amount of it without a fight.
cheers_queers@lemmy.zip 5 days ago
When i said small debts, im talking under 100 bucks. That doesnt go on my credit report.
cheers_queers@lemmy.zip 6 days ago
Thats how i feel about the idiot debt collectors making themselves liable for my small medical debts :) like, i didnt ask you to pay for that bro but thanks i guess lol
TimewornTraveler@lemmy.dbzer0.com 5 days ago
“yea I didn’t pay it, what are you gonna do, not treat me?”