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/biz/ - Business & Finance

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16001026 No.16001026 [Reply] [Original]

What’s stopping me from taking out massive loans and just not paying them back?

>wont own anything that can be repossessed
>wont own any property

>> No.16001032

Nothing. Do it and buy Monero. There is unironically no downside in this fake ass economy.

>> No.16001037

>>16001026
cant take out massive loans if youre a neet w no credit history dumbass

>> No.16001054

>>16001037
even with credit history, you need a decent job. With nearly 710 credit score, I couldnt even take out a 10k personal loan

>> No.16001069

>one post by OP
>Retarded question
>Reappearing thread
Have you been banned, you haven't posted this retarded question for quite some time

>> No.16001074

>>16001037
I’ve been making around 30k a year for a few years, rent, have a vehicle that’s almost paid off. Credit score around 770 last time I checked.

I have about 10 years until Huntington’s starts absolutely fucking me by which time I’m going to kill myself.

So essentially what can happen in 10 years?

>> No.16001089

>>16001069
First time I’ve ever been to this board.

I’m pretty retarded, I agree, that’s why I’m asking you all.

>> No.16001097

Nothing except you won't be able to loan anything after that if you default and everything.

Also you'll be harassed by debt collectors forever.

>> No.16001108

lol they'll get illegal debt collectors to come for you. You'll be paying in one way or another

>> No.16001132

aha, archive tells something else. The retarded question as the picture with the exact same filename gets posted repeatedly. Anyway, go kill yourself, and anybody who answered the retarded question by OP as well

>> No.16001134

you could also not pay dealers and contractors for shit, which seems to be the common practice where I live.

>> No.16001150

>>16001097
https://www.youtube.com/watch?v=TUzlmWWdjEQ

>> No.16001158

>>16001097
Fine with being harassed.

>>16001108
Don’t see this happening.

>>16001132
Then link me because I found this image on some other board and its a mobile filename.

>> No.16001165

>>16001026
If you don't pay back your debts you will get fucked in the ass by debt collectors and blackmailed.

>> No.16001174

>>16001165
How though? I won’t own anything they can take away from me.

This is the US btw.

>> No.16001199

>>16001158
>Don’t see this happening.
lol no-one does until they get a knock on their door at 3am.

>> No.16001210

>>16001174
They can take your anal virginity from you. And if you don't pay they will spread pictures of you being ass fucked by niggers online.

>> No.16001224

>>16001210
Pretty cringe my man.

>> No.16001229

>>16001026
look up your local criminal code, the resukt will be jailtime. only immigrants and old people that failed in life do this. as a young local man you most likely will never get much credit ever again. just to keep in mind.

>> No.16001292

>>16001224
bro they literally do that. you gotta be some kind of neet to believe this shit doesn't go on. watch that video that guy linked up there ^

>> No.16001309

>>16001292
Yeah exact same thing, except I’m in a different country and not dealing with local loan sharks.

>> No.16001344
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16001344

>>16001309
Those guys aren't loan sharks, and they don't work for them. If you watch the video they get hired by contractors and all sorts of businesses to deal with junkies and scum that the law can't touch.

>> No.16001405

>>16001344
I’ve seen it, criminals shaking down other criminals.

Even if it did happen in the US
>oi bruv pay ye debts
>nah
>oi im comin in gonna beat ya
>bang bang you’re dead

>> No.16001418

>>16001405
confirmed troll ty for wasting my time

>> No.16001464

>>16001418
Self defense isn’t a troll my man

>> No.16001490

>>16001037
>>16001054
wtf i get constantly letters from my bank and my broker to take out loans for 25k, even with my shit salary

>> No.16001567

>>16001026
Nothing, but they won't give it to you.

The only people who can take large unsecured loans are people with good credit histories, good income, and assets. Or at least two of the three.

>> No.16001569

>>16001464
Do you think people don't have guns in the UK? Especially the type of people that debt collectors are after?

>> No.16001570

>>16001567
read the thread

>>16001569
can't use them legally, self defense is illegal in the uk

>> No.16001571

>>16001032
That is called bankruptcy fraud and is very illegal

>> No.16001579

>Aquire fake id and proof of residence in the black market for 8k, immigration background of your new identity preffered to muddy the waters if they research your past employment
>Get the best sounding best income job you can get by larping, aquire fake credentials if need be
>work your new job for a few months or go straight to the bank that gives the biggest loans, no matter interest as this wont matter. They basically give loans to anyone these days. Start a fake company if you want even more cash.
>Take the money, convert to an untraceable form.
>Move to thailand, they love and wont bother foreigners as long as they have cash.
>Live like a demigod

>> No.16001615

>>16001571
Sure but how would you get caught? The crime is going to age too

>> No.16001707

>>16001570
because people dont break laws amiright