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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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25096325 No.25096325 [Reply] [Original]

I just paid off my student loans and was gonna pay off some debt collectors until I read this
>Although it’s beneficial to show that you paid off the account, the negative aspect of this won’t just drop off your credit report when you do repay the debt.
so that means theres pretty much no benefit to paying off debt collectors?

>> No.25096357

>>25096325
Why don't you just stop being poor?

>> No.25096369

>>25096357
fuck off rabbi

>> No.25096391

>>25096325
cucked if you do. cucked if you don't. i'm in the same boat, not that i have enough to pay my debts yet.

>> No.25096896

>>25096325
This how the system works. They are in the system to make money. If you make off the debt early, then the systems doesn't like you because they cannot collect massive interests. Likewise, if you don't pay off the debt, then you know the results. Moral of the story is that if you are responsible you are fucked and if you are irresponsible then you are fucked. Use debt to make money.

>> No.25097026

>>25096325
Why would anyone make more than the minimum payments if there's no certainty that it won't be cancelled?

>> No.25097118

>>25096325
they say it's beneficial, but it's not the same as if you paid on time?

>> No.25097167
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25097167

>>25096391
feelsbad
t. 465 credit score

>> No.25097206
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25097206

>>25096369
Just trying to help

>> No.25097276

How do they make their eyes look twice as big

>> No.25097473

>>25097276
Contacts. Now that I think about it that would be a good investment. Still has room to expand in the west.

>> No.25097851
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25097851

>Paying off your student loans when the Biden administration is planning to forgive at least $10,000 of everyone’s student loan debt

HAHAHAHAHA

>> No.25098035

>>25096325
The point of paying off debts is not to boost your credit score. Your credit score does well when you just consistently pay something and/or don’t use much credit. It takes forever to boost your credit score, be patient. Just pay your shit on time and never check your score. It will go up

>> No.25098224

>>25097851
he never pledged to, people are putting words in his mouth
>Under Biden's plan listed on his website, his administration would forgive undergraduate loans for people who have "responsibly made payments" for 20 years. Those payments would be 5 percent of a borrower's "discretionary income," defined as "income minus taxes and essential spending like housing and food" over $25,000.
>In March, Biden posted on Twitter that a coronavirus relief bill should include forgiveness of at least $10,000 for every federal student loan borrower.
>"Young people and other student debt holders bore the brunt of the last crisis. It shouldn't happen again," Biden wrote.
>He reiterated the commitment to forgiving $10,000 in student loan debt after winning the election. The majority of Americans support canceling up to $10,000 in student loan debt for each borrower, a Morning Consult poll from August found.
>Biden's ability to enact student loan reforms and forgiveness likely depends on the outcome of the Georgia runoff elections in January. If Democrats take both Senate seats, they'll be able to form a majority with Senator Kamala Harris, as vice president, casting the deciding vote in a tie.

>> No.25098483

>>25098224
>>He reiterated the commitment to forgiving $10,000 in student loan debt after winning the election.
How is that not a pledge to forgive at least $10,000 in student loan debt?

>> No.25098535

>>25096325
Who is that tranny gook?

>> No.25098653

>>25096325
They will take you to court and garnish income.

>> No.25098658

>>25098483
an intern of joe biden posted a thing on twitter and you think thats a pledge? it was never on his website... the 10k thing was an offhand comment from his campaign that blew up
he never mentioned it on his website
its not a pledge, its a politicians tweet

>> No.25098886

>>25096325
Scary af looks like a lifeless doll or the Grudge girl. Not sure why you fags like creepy Asian women.