/biz/ - Business & Finance

Hey man I pay maybe $6 you can't fault me for that. Actually no post-corona I don't pay bills lol. Don't pay your bills.

>>18348751
But but my credit score?

>>18348772
can't fuck my over with my credit score after i'm dead

>>18348772
I learned this in 2008. When everybody has bad credit, wtf is credit?

>>18348751
>imagine actually having debt

>>18348751
sam hyde ruined my life

>>18348751
I wanted to get a thing and a company gave me money to do that thing.
Skipping out on debt comes off as shady, low class, and selfish.

That's like asking your friend to spot you for a meal, and then ghosting him when he gets hungry.

>>18348751
>owing some kike money
No.

>>18348882
Imagine being proud of your credit score in the last great recession.

Max out your credit cards faggots

>>18348931
>Skipping out on debt comes off as shady
>your friend
shut the fuck up porky

>>18348931
sam hyde in a nutshell but at the same time it's good advice. you even have a half ass way to squirrel it away with bitcoin / monero. if you take the proper precautions it can be completely trace free.

>>18348966
If you want to ruin yourself financially, go ahead forehead

>>18348954
You owing them a few thousand dollars won't hurt them but you won't get much out of it besides some free junk and a lot of stress

>>18348962
lol is this a meme you fat faggots are starting?

>>18348751
What's revolutionary about this? Isn't that the state of most Americans?

>>18348982
>>18348986
>>18348997
Max your visa dump in yuan, debt isn't real you effete yet handsome Soi cucks

>>18349060
I've never been in debt in my life and don't need to do that. Good luck though.

>>18348986
>some free LINK and no stress
There is never a reason to pay any of it off. Banks rip off the country, they aren't allowed to do anything to you but call you. Take their money, and place your bets, you can't lose when everyone has shit credit. We're looking at 40% unemployment kek

>>18349104
I'm pretty comfortable and have no plans to get into crypto. Good luck though.

>>18349104
>>18349060
this is only decent advice if you're an asset less NEET or skating by with family. If you are, pump up the credit score sky high and then pull the rug under.

However, anyone with a house, investments and income are at a higher risk when following Sam Hyde's advice because creditors actually have something to go for. Just because it's unsecured debt it doesn't automatically mean your assets are safe.

>>18349068
>never been in debt
Bro now is literally the best time to invest in dodged loan payments

>>18349171
You can just avoid debt collectors for a couple months until the looting starts though

>>18349171
>have something to go for
you can keep them at arms length ad infinitum, literally thanks Obama

>>18349171
>having assets in your own name
You fucked up man. All my assets are in my mother's name, she loves me because we're family and have an unbroken bond. No creditor and no wife can get anything out of me financially. I dab on jannies, taxmen and creditors daily.

>#staking

75k in available credit. Spent 15k recently. Made 40k. Lot of money to be made during a pandemic if you aren't a brainlet or lazy scared piece of shit. It's free capital. Who gives a fuck about credit anymore during a pandemic. Get that noggin joggin, lads.

>>18349249

>>18349202
what looting? are you retarded? nothing is going to happen and you are going to be stuck with your shitty debt that you are never going to be able to repay

Work as collections guy
You losers are keeping me extremely busy at work
lmao

>>18349553

imagine being shot dead the moment you step near a property.

your ilk will be first against the wall when society breaks soon

>>18348751
Dumbfuck polfags are putting themselves in debt they can't escape because Mr Hyde said so. Brings a tear of joy to my eye

>>18349553
That’s the idea, it doesn’t go to collections
Banks can’t be bothered with that shit, it’s a last resort. They will always ring you at which point you tell them you can pay $12 a month on a $7500 dollar loan
>b-but the interest!
Nope. Their policy is to minimise risk with unsafe debtors by offering to settle the debt for 30/40% after a few years because they don’t expect a bad debtor to still be alive in 20 years time
Now factor in inflation, and viola.

>>18350300
The only debt you can’t escape is student loan.

>>18349171
It’s a tactic for desperados, not the average joe who will crumble under the pressure when they receive 2 letters in the mail
OMG A LETTER, LET ME SPRINT TO GO PAY YOU THAT MONEY BACK SIR, SIR YES SIR I AM A GOOD BOY

>>18350300
Anyone who takes advice from a loser deserves to lose.

>>18350556
You realise Sam has a nontrivial amount of crypto, right? He maxed out credit cards in 2014 to buy bitcoin, yet here you are probably net worth under 500k pretending you know anything about shit lol

>>18349553
You sit in a cubicle making phone calls all-day begging people for money, enduring verbal abuse for $15 an hour and we're the losers?

What's the point of doing this unless you got like a big ass loan like $100k+? "DUDE I JUST GOT A LOAN FOR $5K DUDE IM NOT PAYING IT BACK LMAO DUDE". Like you'll ruin your opportunity to be able to get bigger loans for a measly $5k. Doesn't make sense.

>>18350568
Wow that's so cool sam. You stole money. Very impressive I see now that to be a winner you must behave like a nigger.

>>18350648
>on biz
>whining about "stealing money"
Go lick store shelves and get on ventilation tard

>>18350648
uh oh seems like we have a mad little creditor in our thread goys

>>18351068
credditor*

>>18348931
They aren’t your friends. They billionaire corporations making money off of usury

>>18348869
The ability to pay back

>>18348772
i had a 780 score, i believe if i take out another credit card i wills be able to help my score. start up very good the first 2 years. then plan the grand negligence. EVERYONE neglects one other grow up sweet cheeks thats the way its be.

>>18351195
You are here to shill shitcoins not to pontificate, pajeet get back to work

>>18351088
Kek'd and checked

>>18348772
Wait 5 years and it’s back to normal

>>18351116
this

>>18350535
Fed might get to the point where they buy that up too.

whats the bestest credit cards to apply for

>>18353009
Amex blue

Debt? You don't want none of that debt sonny

>>18349239
haha imagine if i sucked those balls. that would be so weird

>>18348882
Imagine saying no to free money

>>18348931
>Corporations are nice people that want wants best for you.

>>18348772
>kike score
lol how is this different from chink social score?

>>18350535
You can escape this through Income driven repayment plans. Just get your AGI below 17500 (if single) and your payments are 0. Gets foegiven after 20 years and will actually improve credit through on time payment history (cant not pay 0 on time).

>>18353969
Hmmmm

Imagine ruining your life to save on a single paycheck. How zoomer do you gotta be to think there will be no consequences?

>>18353260
newb
personal debt resets at 1,000,000
its like clocking a car
the trick is being able to get to the golden number. thats why banks are trying to screw you over big time while you are in the 6-800,000 grand
you need to have a half decent credit rating before starting otherwise you wont hit the golden mil.
this doesnt count for businesses

>>18348882
BOOMER ALERT
we got a boomer here

>>18351195
learn English Pardeep

>>18353933
To be real for a second, how are creditors actually supposed to asses creditworthiness of people with no way to rank their ability to repay? I hate the system too but what's the alternative besides not offering credit?

>>18353848
>free money

>>18355191
>not offering credit
You answered your own question.

I’m convinced every retard here who harps against credit is a dipshit that maxed their $500 starter card and got upset when the bank wanted it paid back. How is credit evil? You buy something with the lenders money (credit card) and you pay it back at the end of the month. I have zero annual fees, zero interest as I pay my cards off the month they’re used and I’m actually raping the companies for points and cash back. You’re no better than the dumb niggers who collect gibsmedats all day if you can’t understand how to use credit to your advantage.

>>18348751
this

Wait why are there fucking communists in here?