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/biz/ - Business & Finance


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369988 No.369988 [Reply] [Original]

Which is worse, owing my bank $300 or owing my state Government $300?

>> No.369992

>>369988
generally the bank

governments just tack on interest and wait for you to pay.

banks usually send you to collections when payments aren't forthcoming.

>> No.370067

Depends on what exactly you mean. Some government debts aren't erased by bankruptcy and they can garnish your wages, so that's pretty bad.