this post was submitted on 13 Jul 2025
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Take out a huge loan (cdn.imgchest.com)
submitted 2 days ago* (last edited 2 days ago) by Samdell@lemmy.eco.br to c/greentext@sh.itjust.works
 
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[–] ICastFist@programming.dev 54 points 2 days ago* (last edited 2 days ago) (3 children)

> Open 2 bank accounts
> Get 2 credit cards
> Use 1 cc to pay the bill of the other cc
> repeat until credit score is big and cc limit is thru the roof
> go on spending spree
> 2 months of everything free
> flee to country that won't deport you as criminal

[–] AlecSadler@lemmy.blahaj.zone 24 points 2 days ago (3 children)

As someone who games banks as best I can this would absolutely not work.

[–] Evotech@lemmy.world 4 points 1 day ago

Not anymore at least

[–] bitjunkie@lemmy.world 6 points 1 day ago (1 children)
[–] AlecSadler@lemmy.blahaj.zone 9 points 1 day ago

Ah, yes, let's go with that.

[–] OsrsNeedsF2P@lemmy.ml 4 points 1 day ago

Share your wisdom on how you would best take out a loan before suicide

[–] invertedspear@lemmy.zip 19 points 2 days ago

Credit cards caught on to this around 2010 or so. That’s why balance transfers always have a fee now. You could do this with either balance transfers or cash advances, both of which have fees now. So you’ll end up increasing the balance by 3% each month.

[–] Snowclone@lemmy.world 10 points 2 days ago

My grandparents did this for decades with 20+ cards. Yes it's illegal to do this.