/biz/ - Business & Finance

This jew just wants to get you in trouble

>>55184979
> "Yooouu want me to pay my debbbbbttt? I caaaaan't! BYE!"

>>55185098
>get you in trouble
More than anything, this mindset is what will ensure you never make it

>>55185852
Sam is based but debtmaxxing isn't gonna go the way he says

>hear people memeing about following this advice of scamming credit card companies
>dude in black is literally homeless and says he considers having an actual toilet to be a luxury at this point, basically says that you'll be in his situation if you follow this advice

Ah geez, who cudda forseen the consequences!

In all srs, here's why it wouldn't work for the average guy.
Sam Hyde's wages don't get garnished because he doesn't receive wages but instead dividends from his LLC.
Bailiffs can't come knocking on his door to repossess goods, because I assume most of his assets are purchased in the company's name.

Of course, this is assuming he's being serious (which he's not, duh). I believe the part where he says he took out a loan to buy bitcoin, but anything after that is just a meme.

>>55186545
>le garnish
The fuck are you talking about. Did you fuck up and answer a phone call from a number you didn't recognize? You actually list real phone number on your bank? Lmfao what the fuck is this goy doing

>>55187118
If anything, not answering the phone call is what’s going to lead the creditors to escalate to the courts and have your wages garnished.

Also unless you’re planning to commit identity fraud altogether, putting a fake phone number isn’t going to stop the bank from finding you.

>>55187231
>going to court for under 100k
Lmao OK boomer

>>55184979
too bad this doesn't work on student loans

or does it?

>>55186311
Debtmaxxing doesn't work anymore, his methods was half correct and only worked during pre-covid era.
The biggest issue is increased interest rates and loan providers being extremely stringent on who they want to give money too in our current environment. People not using the debt to make more money are also extremely fucking retarded, if you're going to debt max you should be living in the back of a piece of shit car or your parents house trading pump and dump shitcoins and stocks until you actually make it.

Also note that debtmaxxing is a last resort, when you literally have nothing left to lose.

>>55184979
>be dumb impressionable 20 year old
>paypig some has been's gumroad for funny content
>instead of funny content you get literally life ruining advice from a psychopath trustfund kid who has never had 0 safety net

very nice

>>55185852
How's it feel bagholding his nft's?

>>55187400
>Wow who would have thought a 40 year old former hipster who rags about being a sociopath would have fucked me over
They get what they deserve.

>>55186311
>>55187421
Not necessarily talking about debtmaxxing or Sam, just pointing out an NPC when I see one
Like I am now

WHAT AM I GONNA DO
I'M BIG PHARMAS TOP GUY

>>55184979
>>55185852
>>55186311
>CREDIT NOT OWED TO THE GOVERNMENT IS FREE MONEY

>>55187384
It doesn't work in general banking but you can 100% Debtmax by taking out an insurance policy and taking a loan out on the same insurance policy

It's way more lenient and there's way less percentages
Not to mention they don't give a fuck about hounding you because it's YOUR insurance policy anyways
As long as you pay the premium you can stretch a 100k loan out for the next 15 years

>>55191573
excellent tip anon

>>55191573
Taking out an insurance policy on what?

>>55193340
life insurance

>>55185852
>Listen to the jew, it's ok goy
More than anything, this mindset is what will ensure you never make it